What Occurred During the 1930s

question 56

Multiple Choice

What occurred during the 1930s?

• A) The deepest economic contraction in U.S. history occurred.
• B) The economy contracted about half the time, and the unemployment rate topped 18 percent.
• C) The outbreak of war boosted employment to fight for the country and to make tanks, ships, aircraft, and the like.
• D) Federal spending increased on both the war and social programs at home.
• E) Home prices declined and foreclosures rose, as more borrowers failed to make their mortgage payments.

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Definitions:

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