Unemployment during the great depression

Posted by Admin in Business and Finance, International Currencies, Mortgages and Loans, Stock Market.

The word unemployment received lot of importance first time in 1935. This was a period of great depression. Up till that time there was lot many theories regarding what caused this unemployment. But for the first time in the human history there was a grave economic crisis. The unemployment had reached unprecedented levels and government had to do something about this unemployment. Let us get more info about this in this short article on the topic of unemployment during the great depression Let us first try ma unemployment to understand what this great depression was. On the October 24, 1929 the stock market in USA crashed.