During the Great Depression, what were the positives and negatives for people when the economy hits a trough?

2 answers:

6 0

Positives- “The New Deal” or the creation of an expansive safety net that helped(and still helps)

Negative- the Great Depression worldwide from 1929 through 1939

spayn [35]3 years ago

5 0

A trough is a low turning point or a local minimum of a business cycle. The time evolution of many variables of economics exhibit a wave like behaviour with local maxima (peaks) followed by local minima (troughs). A business cycle may be defined as the period between two consecutive peaks.

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Igoryamba

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