Great Depression Dbq

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In October 1929, the stock market crashed dramatically, signaling the beginning of the Great Depression. Many different factors and events can be attributed to the cause of the Great Depression. The events that can be attributed to the onset of the Great Depression are high unemployment rates, high tariffs, and bank failures.

A nation's unemployment rate can indicate its economic health. In the United States, the unemployment rate was at an all-time high from the late 1920s to the early 1940s. In Document E, the chart indicates the unemployment rate for the civilian labor force was in the double digits for ten years. When the unemployment rate is high, people purchase less and accrue more debt, making it harder for the economy to recover.