The United States experienced _______________ from 1930 to 1933.

Question

Quizplus · Accepted Answer

The United States experienced deflation from 1930 to 1933, which is a decrease in the general price level of goods and services. This was caused by the economic downturn of the Great Depression, with decreased consumer spending and business investment leading to a decrease in demand and production, and ultimately lower prices. Stagflation (a combination of stagnant economic growth and inflation), inflation (an increase in the general price level of goods and services), and budget surpluses (when government revenues exceed expenditures) were not experienced during this time period.

The United States Experienced _______________ from 1930 to 1933