THE GREAT DEPRESSION 1929 1940
THE WALL STREET CRASH OF 1929
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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cut of up to 60% to unemployment benefits
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said the Nazis were giant babies
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destroyed peoples homes
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gave the rich more money
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Detailed explanation-1: -b)Unemployment compensation enables people to live decent lives as they can afford basic needs. c)Helps reduce the negative effects of unemployment in an economy such as increased crimes. d) Unemployment benefits help people search for jobs they are best qualified in and be productive.
Detailed explanation-2: -1. Rajiv Gandhi Shramik Kalyan Yojana (RGSKY) With an aim to help the citizens during an unfortunate job loss, RGSKY got added to Employment State Insurance Corporation ESIC in 2005. RGSKY is the one and only traditional unemployment insurance policy in India.
Detailed explanation-3: -Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden and Switzerland provide the most generous unemployment protection systems of all ILO member countries, the report says.
Detailed explanation-4: -Unemployment causes workers to suffer financial hardship that impacts families, relationships, and communities. When it happens, consumer spending, which is one of an economy’s key drivers of growth, goes down, leading to a recession or even a depression when left unaddressed.