Following the crash of 1929,approximately ________ of the workforce immediately
Became unemployed.

A) 5 percent
B) 20 percent
C) 40 percent
D) 60 percent

Question

Following the crash of 1929,approximately ________ of the workforce immediatelyBecame unemployed.A) 5 percentB) 20 percentC) 40 percentD) 60 percent

Katoucha Soifils · Accepted Answer

Final Answer : B, Explanation :  Following the crash of 1929, the unemployment rate did not immediately jump to its peak. It gradually increased, reaching about 25% at its highest point in 1933. However, immediately after the crash, the unemployment rate was not as high as 20%, but this option is the closest to the initial impact compared to the other options provided.

Following the crash of 1929,approximately ________ of the workforce immediately
Became unemployed.

A) 5 percent
B) 20 percent
C) 40 percent
D) 60 percent

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