CLEP US History II

Category - Economic Development

The American gross domestic production rate (or GDP) rebounded from the Great Depression in full in:
  1. 1947
  2. 1944
  3. 1940
  4. 1931
  5. 1936
Explanation
Answer: E - The GDP rebounded entirely from the Great Depression by 1936, but the Depression didn’t end for several more years. The GDP is one of the leading standards by which a nation’s economic health is measured. Although the GDP returned to its pre-crisis level, the Depression was far from over. A substantial number of people were still unemployed and struggling. It’s a perfect example of why business, revenue, or production statistics alone can’t demonstrate the total health of an economy.
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