Which occurred during the Great Depression? Check all that apply.
increased aggregate demand
new forms of money
falling wages
increasing prices
plummeting growth
surging unemployment

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Answer:

falling wages, plummeting growth, surging unemployment

During the Great Depression, there was a drop in earnings, a drop in growth, and a rise in unemployment. So, options (c), (d), and (e) are the correct answers.

How did the Great Depression affect the economy?

The Great Crisis was a significant worldwide economic depression that began in the United States in the 1930s and lasted until 1945.

It lasted roughly ten years, and it was characterised by significant drops in industrial production and prices (deflation), banking panics, widespread unemployment, sharp rises in poverty and homelessness rates.

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