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Questions and Answers
What was the peak unemployment rate during the Great Depression?
What was the peak unemployment rate during the Great Depression?
Which factor contributed significantly to the start of the Great Depression?
Which factor contributed significantly to the start of the Great Depression?
What was a consequence of the decrease in international trade during the Great Depression?
What was a consequence of the decrease in international trade during the Great Depression?
How did the stock market crash of 1929 affect the economy?
How did the stock market crash of 1929 affect the economy?
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Which event marked the beginning of a decrease in the unemployment rate after the Great Depression?
Which event marked the beginning of a decrease in the unemployment rate after the Great Depression?
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What major event contributed to the start of the Great Depression?
What major event contributed to the start of the Great Depression?
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Which program was not part of the New Deal enacted during the Great Depression?
Which program was not part of the New Deal enacted during the Great Depression?
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What effect did the Great Depression have on the unemployment rate?
What effect did the Great Depression have on the unemployment rate?
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How did the New Deal impact the economy during the Great Depression?
How did the New Deal impact the economy during the Great Depression?
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Which country was not significantly affected by the Great Depression?
Which country was not significantly affected by the Great Depression?
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Study Notes
The Great Depression was an economic downturn that lasted from the stock market crash of 1929 until the beginning of World War II in 1939. It was a severe worldwide economic depression that affected the United States, Canada, the United Kingdom, Western Europe, and Australia. This economic downturn led to high rates of unemployment, poverty, and deflation, and it lasted for over a decade. The Great Depression has been described as the longest, deepest, and most widespread depression in modern world history.
New Deal
The New Deal was a series of government programs and public work projects enacted by U.S. President Franklin D. Roosevelt in response to the Great Depression. The New Deal was intended to provide relief for the unemployed, as well as to provide jobs and stimulate the economy. Some of the most notable programs included the Civilian Conservation Corps, the Civil Works Administration, the Federal Emergency Relief Administration, the National Recovery Administration, and the Works Progress Administration. The New Deal resulted in the creation of millions of jobs, the reducing of poverty, and the stimulation of economic growth.
Stock Market Crash
The stock market crash of 1929 was a major event that contributed to the start of the Great Depression. On October 24, 1929, the stock market experienced a sudden and extreme drop in stock prices, known as Black Tuesday. The stock market crash led to a loss of wealth for many Americans, and it contributed to the start of the Great Depression.
Unemployment Rate
The unemployment rate during the Great Depression was extremely high, with the peak unemployment rate of 24.9% in 1933. The unemployment rate remained high throughout the 1930s, and it wasn't until the start of World War II that the unemployment rate began to decrease.
Impact on Economy
The Great Depression had a significant impact on the economy of the United States and the world. The economic downturn led to a decrease in economic activity, an increase in poverty, and a decrease in economic growth. The Great Depression also led to a decrease in international trade, as many countries experienced economic downturns similar to the United States.
Causes
There were several causes of the Great Depression, including the stock market crash of 1929, the overproduction of goods, and the decrease in international trade. The stock market crash of 1929 led to a loss of wealth for many Americans, and it contributed to the start of the Great Depression. Overproduction of goods led to a decrease in demand for goods, which contributed to the economic downturn. The decrease in international trade led to a decrease in economic activity, which contributed to the economic downturn.
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Description
Test your knowledge on the Great Depression, New Deal, stock market crash of 1929, unemployment rate, impact on the economy, and causes of the Great Depression. Learn about the severe worldwide economic downturn that lasted from 1929 to the beginning of World War II.
