Question

4.

One of the purposes of this text is to explain the economic impacts of the Great
Depression. Which TWO of the following are also purposes of the text?
A. To identify some of the causes of the Great Depression
B. To compare FDR's "New Deal” to Hoover's economic reforms
To criticize the structure of the stock market and its negative impact on the
American economy
D. To profile the individuals involved in the Great Depression
E. To explain how FDR's reforms helped get the American economy out of the
Great Depression
F. To describe the actions that contemporary politicians can take in order to avoid
future economic recessions

Answer 1

The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%.

Step-by-step explanation: