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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The percentage of able body adults unable to find work.
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The percentage of able body adults able to find work.
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The percentage of Americans on social security benifits
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The rate of employment in America
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Detailed explanation-1: -unemployment, the condition of one who is capable of working, actively seeking work, but unable to find any work. It is important to note that to be considered unemployed a person must be an active member of the labour force and in search of remunerative work.
Detailed explanation-2: -Unemployment refers to the share of the labor force that is without work but available for and seeking employment. South Africa unemployment rate for 2021 was 33.56%, a 4.34% increase from 2020.
Detailed explanation-3: -The unemployment rate represents the number of unemployed people as a percentage of the labor force (the labor force is the sum of the employed and unemployed). The unemployment rate is calculated as: (Unemployed ÷ Labor Force) x 100.
Detailed explanation-4: -Answer: Unemployment is a condition in which skilled and abled individuals do not get gainful jobs at a decent wage. There is unemployment in both rural and urban areas. Seasonal unemployment occurs in the rural population and educated unemployment occurs in the urban areas.