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11 September, 01:20

What happened tp the unemployment rate after the stock market crash in 1929

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  1. 11 September, 05:10
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    The Great Depression is the name used to describe the period from 1929-1939 as the deepest and longest-lasting economic downturn in the Western industrialized world. Tn the stock market crash in 1929 m illions of shares ended up worthless and investors were wiped out completely.

    The unemployment rate after the stock market crash increased: there were many unemployed people, it approached 30 percent of the workforce.
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