18 St. 53 Min, 28 Dez 1938 Jahr - The Depression is officially over
Beschreibung:
-the economy shrank 3.3%
-unemployment rose to 19%
-prices fell 2.8%
-The debt grew slightly to $37 billion
The Depression was officially over, but not without a few more setbacks until the country was lead into WWII in FDR's third term. By 1942, with expanded industrial production, the unemployment rate finally fell below its pre-Depression %.
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Great Depression/New Deal Timeline
This timeline has the major events of the Great Depression a...
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