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Unemployment was higher during the great depression than during the great recession. True or false?

User JSuar
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2 Answers

3 votes

Answer:

true the great depression was from 1931 to 1940 but in 1933 unemployment was at 24.9% .unemployment after the great depression stayed in the single digit until 1982 when it got to 10% unemployment

User Sean Anderson
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5 votes

Answer:

True.

Step-by-step explanation:

The unemployment during the Great Depression was as high as 25%.

The Great Depression was the time in the world's history when the economy was downturned. It began in 19299 and lasted a decade. The Great Depression was sprouted in the United States but its effects were faced worldwide.

The Depression lasted a decade making the unemployment rate reach 25% whereas the unemployment rate during the Great Recession was 10%.

So, according to the statistics, the correct answer is true.

User Ktorn
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