Question

At its worst, what percentage of the value of the American economy had been lost during the Great Depression?

A,89%
B. 34%
C. 57%
D. 73%

Answer 1

In the United States, where the Depression was generally worst, industrial production between 1929 and 1933 fell by nearly 47 percent, gross domestic product (GDP) declined by 30 percent, and unemployment reached more than 20 percent.

Answer 2

A

Step-by-step explanation:

In 1933 American unemployment reached 25 percent, which is devastatingly high. One out of every four American workers--in the days before women fully entered the workforce--couldn't find a job. By July of 1932, the American economy had lost 89 percent of its value. The United States of America was one of the few economies still intact after World War I, so its economic depression would have a ripple effect on the rest of the world.