June 2015 2-03: Explain why there was a steep rise in unemployment in the USA in the years 1930 to 1932. [12 marks]
- Created by: mtgriffiths
- Created on: 12-05-16 17:50
June 2015 2-03: Explain why there was a steep rise in unemployment in the USA in the years 1930 to 1932. [12 marks] |
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Overall summaryThe focus of this question is on the reasons why the USA was hit by mass unemployment in 1930–1932. In 1929, 3% were unemployed; this doubled to 8% in 1930 and continued to rise in 1931 before peaking at 24% in 1932. Answers at the higher levels will not merely provide a list of appropriate reasons but will offer links, differentiation of prioritisation – for example showing awareness of the delayed impact of the 1929 stock market collapse. The ‘steep rise’ was cumulative, not sudden, and superior answers will explain this. |
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