The severity of the Great Depression was caused by the extent and duration of

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Unemployment played a significant role in the severity of the Great Depression. As people lost their jobs, they had less money to spend, which further hurt businesses and the overall economy. The unemployment rate reached a peak of 25% in 1933, contributing to the depth and duration of the economic downturn. While the failure of the New York Stock Exchange and the economic collapse in Europe certainly had an impact, it was ultimately the widespread unemployment that drove the severity of the Great Depression. President Hoover and Congress's lack of compassion and willingness to help the people also exacerbated the situation but were not the primary cause.

The Severity of the Great Depression Was Caused by the Extent