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What was the peak unemployment rate during great depression?

The worst year of the Great Depression was 1933. In 1933, the unemployment rate rose to 25%.


What is the worst sign of economic depression?

One of the worst signs of economic depression is high unemployment. Unemployment drives many of the other symptoms of depression (such as increased debt, mortgage foreclosures and unwillingness to spend on luxury items).


Major events of the 1920s?

Probably the biggest event was in 1929, when the Great Depression and Stock Market Crash occured. The Great Depression was one of the worst recession in US hitory. There was high unemployment and people had no money in their bank accounts.


What is the worst period of economic hardship in US history?

Great Depression


Was the Great Depression worst depression yet?

well, no. they say The Ression is and will be the absolute worst.........not trying to scare you but itz true


Which period had the worst banking failures?

The time right before the Great Depression was the worst.


Was the worst economic period in the history of the US.?

Great Depression


The was the worst economic period in the history of the US.?

Great Depression


What was The worst time America had to face?

Maybe the Great Depression?


What was the worst US economic depression in the late 19th century?

In the Winter of 1873 to 1874, the US was in the worst economic depression in its history. Unemployment was very high and even food was scarce in some places. This depression, did however, give more strength to labor unions.


During the great depression the overall unemployment rate was at what percent?

It seems that unemployment rate averaged between 8 percent and 35 percent in 1933, the worst year of the Depression for unemployment. That is non-farm workers. And, you have to remember that establishing the rate was not as accurate as it is today. Lots of people during the Depression simply did not appear on the unemployment rate because there was no way of keeping track of who was looking for work or who had just given up and "rode the rails." There was not unemployment insurance back then. Also the farmers lost all of there crops and hoover cut taxes and gave more crops to the farmers.


What was the most popular book of the great depression?

Some of the best selling novels about the great depression include The Great Depression, America, The Worst Hard Time, and America's Great Depression.