High two countries had the highest rate of unemployment in 1933

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History

Casey Friedman

21 November, 19:14

High two countries had the highest rate of unemployment in 1933

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Denver · Answer 1

In most countries of the world, recovery from the Great Depression began in 1933. In the U. S., recovery began in early 1933, but the U. S. did not return to 1929 GNP for over a decade and still had an unemployment rate of about 15% in 1940, albeit down from the high of 25% in 1933.