Question
By 1941, how has the unemployment rate changed since 1933 when Franklin D. Roosevelt first introduced the New Deal programs?
*
1 point
A. Decreased significantly
B. Increased slightly
C. Remained relatively unchanged
D) Increased significantly
Document E: Unemployment Statistics
YEAR
Unemployment
(% of labor force)
1929 3.2
1930 8.7
1931 15.3
1932 22.5
1933 20.6
1934 16.0
1935 14.2
1936 9.9
1937 9.1
1938 12.5
1939 11.3
1940 9.5
1941 6.0
Source: Gene Smiley, "Recent Unemployment Rate Estimates for the
1920s and 1930s," The Journal of Economic History, June 1983.
*
1 point
A. Decreased significantly
B. Increased slightly
C. Remained relatively unchanged
D) Increased significantly
Document E: Unemployment Statistics
YEAR
Unemployment
(% of labor force)
1929 3.2
1930 8.7
1931 15.3
1932 22.5
1933 20.6
1934 16.0
1935 14.2
1936 9.9
1937 9.1
1938 12.5
1939 11.3
1940 9.5
1941 6.0
Source: Gene Smiley, "Recent Unemployment Rate Estimates for the
1920s and 1930s," The Journal of Economic History, June 1983.
Answers
GPT-4o mini
Based on the unemployment statistics provided, the unemployment rate in 1933 was 20.6%, and by 1941, it had decreased to 6.0%. This reflects a significant decrease in the unemployment rate since the introduction of the New Deal programs.
Therefore, the correct answer is:
A. Decreased significantly
Therefore, the correct answer is:
A. Decreased significantly