THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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All of the following are examples of what? High unemployment, failing banks and businesses, farmers’ incomes reduced and homelessness.
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Causes of the Great Depression
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Effects of the Great Depression
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Advantages of the Great Depression
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Programs of the Great Depression
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Explanation:
Detailed explanation-1: -Among the suggested causes of the Great Depression are: the stock market crash of 1929; the collapse of world trade due to the Smoot-Hawley Tariff; government policies; bank failures and panics; and the collapse of the money supply.
Detailed explanation-2: -How high was unemployment during the Great Depression? At the height of the Depression in 1933, 24.9% of the total work force or 12, 830, 000 people was unemployed.
Detailed explanation-3: -The highest rate of U.S. unemployment was 24.7% in 1933, during the Great Depression. Unemployment remained above 14% from 1931 to 1940. 1 It remained in the single digits until September 1982 when it reached 10.1%.
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