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Rumors of an impending crisis

Investors sell millions of shares of stock
Banks are not insured by the government

An economic impact of the 20th-century events described above was —

A. Severe drought in the Great Plains

B. High unemployment rates

C. The election of a new president

D. Civil rights for Hispanics

User Zovits
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2 Answers

3 votes
B high unemployment rates lmk if this works
User David Bridge
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Answer:

B. High unemployment rates

Step-by-step explanation:

The country’s gross national product declined by over 25 percent within a year, and wages and salaries declined by $4 billion. Unemployment tripled, from 1.5 million at the end of 1929 to 4.5 million by the end of 1930. By mid-1930, the slide into economic chaos had begun but was nowhere near complete.

User ComputerGuyCJ
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