In the United States from 1929 to 1933, real GDP declined by 27 percent and the unemployment rate rose to 25 percent.
<h3>What was the Great Depression?</h3>
The Great Depression, which lasted from 1929 to 1939, was the worst economic downturn in the history of the industrialized world. It started after the 1929 stock market catastrophe, which paralyzed Wall Street and caused the loss of millions of investors.
Some causes of the Great Depression are:
- The stock market crash of 1929,
- The collapse of world trade due to the Smoot-Hawley Tariff,
- Government policies,
- Bank failures and panics,
- The collapse of the money supply.
Therefore, Between 1929 and 1933, the real GDP in the United States fell by 27%, while the unemployment rate increased to 25%.
To know more about the real GDP refer to: brainly.com/question/15171681
#SPJ4
Answer:
145
Explanation:
the price grows 5 dollars each month
The answer is true.
A resume is a document that a person who is searching for a job creates. A resume is a summary of a person’s work experience, education, strengths and skills. It is intended to be an easy to read, concise and logical document that will make a hiring manager want to hire you.
Nations which uses the binary gender system requires a
person or an individual to identify only either as a “male or female”.
This type of social system usually forms the basis
for how one is educated, what jobs one can do (or are expected to do), how one
is expected to behave, what one is expected to wear, and etc.
Answer:
The entry to recognize the exchange :
<em>Land $318,000 (debit)</em>
<em>Common Stock $300,000 (credit)</em>
<em>Accounts Payable $300,000 (credit)</em>
Explanation:
The Price of stock is equivalent to the issue price at the date of the transaction of $12.
Note that the Common Stocks do not have par value, this means there is no share premium reserve on the stocks that needs to be recognized.
Since the Price of land is above the price of common stocks, the remainder is the amount owing, a liability.