asked 34.8k views
4 votes
what happened to the unemployment rate after the stock market crash in 1929? A, The unemployment rate decreased. B, the Americans moved in large numbers to Mexico to find jobs. C, the unemployment rate stayed the same. D, the unemployment rate increase

2 Answers

3 votes
I do eleive the answer is infact D.
answered
User Chris Paterson
by
8.2k points
5 votes
It's D, The unemployment rate increased. The stock market crash of 1929 caused US economy to fall into recession which lasted for almost a decade. With the economy slowing down the employment rate increased significantly during this period.
answered
User NatashaTheRobot
by
8.5k points
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