1933 was the high mark for unemployment in America during the Great Depression. What percentage of America was unemployed at this time?
Land and stock speculation, Britain's return to the gold standard, record high trading, a series of booms and busts, burgeoned purchase of stocks on margin and an influx of gold on wall street all contributed to the Great Crash. Income maldistribution, the structure of trusts and corporations, the unstable banking structure, foreign trade imbalances, and lack of economic intelligence all led to the Great Drepression.
Asked by Colleen Curran · Last updated 5 months ago · 250.5K views