Which of the following was true about the Great Depression in the 1930\'s? a. Th

Question

Which of the following was true about the Great Depression in the 1930's? a. There was approximately 25% unemployment in the US. b. Factories were operating far below capacity--there were many idle factories. c. Europe as well as the US was affected. d. The Great Depression caused social unrest in the United States. e. All of the above are true statements about the Great Depression. Which of the following was true about the Great Depression in the 1930's? a. There was approximately 25% unemployment in the US. b. Factories were operating far below capacity--there were many idle factories. c. Europe as well as the US was affected. d. The Great Depression caused social unrest in the United States. e. All of the above are true statements about the Great Depression. Which of the following was true about the Great Depression in the 1930's? a. There was approximately 25% unemployment in the US. b. Factories were operating far below capacity--there were many idle factories. c. Europe as well as the US was affected. d. The Great Depression caused social unrest in the United States. e. All of the above are true statements about the Great Depression.

Explanation / Answer

Correct option is (e).

During the great depression, aggregate demand was too low, therefore factories were running at below capacity due to lack of demand, resulting in very high level of unemployment. Effects of US depression affected Europe too, causing social unrest and disturbance.

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