Question

During the Great Depression, the unemployment rate in the U.S. reached approximately

A) 10%.
B) 25%.
C) 40%.
D) 50%.

Answer 1

During the Great Depression,The unemployment rate reached approximately 25%.

Answer 2

The correct answer is B) 25%

During the Great Depression, the unemployment rate in the U.S. reached approximately 25%.

The United States stock market crashed in October 1929, generation terrible consequences for the economy of the country. Many people lost their jobs, companies closed, and some banks were in bankruptcy. The situation was bleak. During the Great Depression, the unemployment rate in the U.S. reached approximately 25%, but historians think that unemployment was higher in African American people, reaching almost 50%.