CLEP US History II

Category - Economic Development

In the worst days of the Great Depression, approximately what percentage of American laborers was out of work?
  1. 20%
  2. 50%
  3. 35%
  4. 25%
  5. 15%
Explanation
Answer: D - In 1932, during the throes of the Great Depression, the unemployment rate hit 25%-an all-time high. Industries like agriculture and housing were hit especially hard. Many people lost their homes and roamed the country looking for work. Though the nation began to recover in the mid-‘30s, the workforce did not fully rebound until World War II began, and the soaring demand for certain war-related goods resulted in a boon to hiring.
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