One World View article is titled "Global Depression." The countries that experienced the Depression
A)Experienced GDP growth but at a rate below the long-term trend.
B)Experienced higher employment levels than previously recorded.
C)Suffered substantial losses of output and employment.
D)Experienced high unemployment but an increase in output.

Question

Quizplus · Accepted Answer

The article title "Global Depression" suggests that the countries discussed experienced a significant downturn in their economies. Option C is the correct choice, as it reflects the substantial losses of output and employment that are typically associated with a depression. Options A, B, and D do not accurately reflect the severity of a depression.

One World View Article Is Titled "Global Depression