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What if the economy never fully recovered from the Great Depression, and the unemployment rate was low because unemployed workers weren't...?
...receiving unemployment benefits?
8 Answers
- jeeper_peeper321Lv 72 years ago
What does unemployment benefits have to do with the unemployment rate?
- Anonymous2 years ago
Capitalism's internal contradictions always lead to incessant crashes. It's built-in to the system. You can keep applying patches to capitalism, but that just kicks the can down the road. The last crash was "fixed" by loading everyone with enormous debt, creating an economic bubble so that the next crash will be even worse.
- I'm That MexicanLv 62 years ago
The only reason the Great Depression ended was because of WWII. Beyond that, your question is too difficult to answer.
- ocularnervosaLv 72 years ago
The unemployment rate went down after the Great Depression because of WWII. Americans were either in the military or working to support the effort.
- Anonymous2 years ago
Unfortunately the Dust Bowl turned many Americans on to Socialism.