Thomas Spencer - Close Read_ Great Depression Statistics _2.0

This preview shows page 1 - 2 out of 3 pages.

Close Read: Great Depression StatisticsCRObjectiveWhat can we learn about the economy and the Great Depressionfrom examining economic statistics?Directions:Review the chart below, using the definitions below the chart to help you interpret the data.When you are done, answer the analysis questions for each column of data.YearNumber of BankSuspensionsUnemploymentRatePer CapitaPersonal IncomeReal GDP (inmillions ofdollars)19296593.2%$698$951.7193013528.9%$619$862.11931229416.3%$526$788.81932145624.1%$399$682.91933400425.2%$372$668.9Data; St Louis Federal Reserve BankBank Suspensions:Includes all banks closed to the public, either temporarily or permanently, bysupervising authorities or by the bank’s boards of directors because the bank is having financialdifficulties.Unemployment Rate:The unemployment rate is the percentage of the labor force that is willing andable to work, does not currently have a job, and is actively looking for employment. The labor forceconsists of people ages 16 and over who are employed or actively seeking work.

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 3 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
Bilbrey

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture