18 h 53 min, 28 déc. 1938 ans - The Depression is officially over
Description:
-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 %.
Ajouté au bande de temps:
Date:
18 h 53 min, 28 déc. 1938 ans
Maintenaint
~ Il y a 85 ans
