Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

the rapid change in the percentage of unemployed people in the United States from 1927 to 1932 reflects changes caused by

Sagot :


The Great Depression.
amniotecardamom

Great Depression.

In the 1930s, the US and the world experienced a terrible economic depression, which began with the crash of the New York Stock Exchange in 1929.

The causes of the Great Depression were the overproduction and expansion of credit through the banks, which generated a downfall in the economy. The Great Depression caused a drop in GDP, a huge increase in unemployment rates and still caused inflation.

The Great Depression was superseded by President Franklin Rooseveld's New Deal, an emergency economic plan that was based on the economics of economist John Keynes.

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.