18 h 53 m, 28 dez 1938 ano - The Depression is officially over
Descrição:
-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 %.
Adicionado na linha do tempo:
Data:
18 h 53 m, 28 dez 1938 ano
Agora
~ 85 years ago
