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  • 18-08-2021
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What was the unemployment rate during the Great Depression in the United States?

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pokhrelarahanta5
pokhrelarahanta5 pokhrelarahanta5
  • 18-08-2021

Explanation:

As the above graph indicates the economy descended from full employment in in 1929 where the unemployment rate was 3.2 percent into massive unemployment in 1933 when the unemployment rate reached 25 percent. The first question is why was there such high unemployment in 1933

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