Which of the following best describes the state of the US economy in 1939?

The US economy was in a boom.

The US economy was in a depression.

The US economy had low unemployment.

The US economy had strong business growth.

Question

History

Alana Oneal

5 August, 11:28

Which of the following best describes the state of the US economy in 1939?

The US economy was in a boom.

The US economy was in a depression.

The US economy had low unemployment.

The US economy had strong business growth.

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Answers (1)

Know the Answer?

Kai Nolan · Answer 1

Answer: The US economy was in a depression

Explanation:

Hi, the great depression took place during the 1930's (from 1929 to 1939) in the US.

It was the worst economic downturn in the history of the US, starting with the stock market crash in 1929, leading to a fall of the GPD (Gross Domestic product), a decrease of investments, and unemployment.

It started in the US and it became worldwide shortly after.

Which of the following best describes the state of the US economy in 1939?The US economy was in a boom.The US economy was in a depression.The US economy had low unemployment.The US economy had strong business growth.

Which of the following best describes the state of the US economy in 1939?

The US economy was in a boom.

The US economy was in a depression.

The US economy had low unemployment.

The US economy had strong business growth.