Final answer:
Unemployment was indeed a significant problem during the Great Depression as many businesses shut down and people lost their jobs. The impact of the depression was felt in cities, where families were evicted and shantytowns emerged.
Step-by-step explanation:
The statement is true. Unemployment was indeed a significant problem during the Great Depression as many businesses shut down and people lost their jobs. According to the Bureau of Labor Statistics, by 1933, one out of every four American workers was jobless, and around fifteen and a half million workers were unemployed at that time. The impact of the depression was especially felt in cities, where families were evicted, and shantytowns called 'Hoovervilles' emerged on the outskirts of cities.
Furthermore, the depression also led to a decline in industries, limited purchasing power by consumers and businesses, and a significant decrease in the country's gross national product. As a result, unemployment tripled between 1929 and 1930, reaching 4.5 million by the end of 1930. Ultimately, the Great Depression caused immense economic and social hardships for many Americans.