When compared to the great depression, the typical length of unemployment in the modern (post-great depression-era) u.s. econo

Question

Daniel [21]

4 years ago

13

When compared to the great depression, the typical length of unemployment in the modern (post-great depression-era) u.s. econo

my is
a. slightly longer.
b. approximately the same.
c. relatively brief.
d. significantly longer?

History

1 answer:

vladimir1956 [14] · Answer 1 · 2022-02-19T09:22:06+03:00

The correct answer is C.

During the Great Depression that started with the market crash on 1929, 45.1 percent of the people were without a job for more than six months. Now the unemployment length is relatively brief and most people find a new job in less than six months on average.
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When compared to the great​ depression, the typical length of unemployment in the modern​ (post-great depression-era) u.s. econo

When compared to the great depression, the typical length of unemployment in the modern (post-great depression-era) u.s. econo