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Which of the following is true of the Great Depression?  It...a. was not as bad as...

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Arvy1 | Student | eNoter

Posted July 13, 2012 at 5:25 AM via web

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Which of the following is true of the Great Depression?  It...

a. was not as bad as historians tend to view it.     
b. really only affected a small percentage of Americans     
c. destroyed banks and businesses and impoverished millions.     
d. all the above.

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pohnpei397 | College Teacher | (Level 3) Distinguished Educator

Posted July 13, 2012 at 5:38 AM (Answer #1)

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The best answer of the options presented here is C.

The Great Depression was, of course, not a disaster for everyone.  Many Americans kept their jobs.  However, it was truly a horrible time and most Americans were affected in some way.

For example, unemployment is estimated to have reached about 30%. This, alone, would mean that more than a "small percentage" of Americans were hurt by the Depression.  We should also note, though, that many of the Americans who still had jobs saw their pay decrease.  The link below cites an average pay decrease of 40%.  This shows that the Depression really was bad for many, many people.  This makes C the best answer.

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