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1 December, 23:36

Choose the one alternative that best completes the statement or answers the question. During the Great Depression of the 1930s when the unemployment rate was exceptionally high due to the Great Depression, the government had employment programs, such as the Civilian Conservation Corps, which built campsites and planted trees. These programs were aimed at reducing which type of unemployment? cyclical avoidable structural discouraged frictional

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  1. 1 December, 23:49
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    The programs were aimed at reducing Cyclical unemployment.

    Option A.

    Explanation:

    The Great Depression of the 1930s was a period of major economic recession, hence, the term Great Depression. During this time, there was a massive lay off of workers, which led to a very high rate of unemployment.

    The reason workers had to be laid off was because companies could no longer make the required sales needed to keep the business going, meaning, the sales they made were not enough to keep the business afloat, hence, workers could not be paid, so they had to be laid off.

    Cyclical unemployment can therefore be defined as the type of unemployment that happens when the total demand for products and services in an economy is not enough to keep employment going. Simply put, companies are not making enough profit to ensure that workers can be paid, so the workers will have to be laid off.

    The employment programs by the government were therefore aimed at reducing the cyclical unemployment of the time.
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