The Great Depression in the United States:

Question

Quizplus · Accepted Answer

The Great Depression caused real GDP in the United States to fall dramatically between 1929 and 1933. Choice A is incorrect because hyperinflation is associated with a period of rapidly rising prices, which was not a characteristic of the Great Depression. Choice B is incorrect because World War I ended in 1918, 11 years before the start of the Great Depression in 1929. Choice C is incorrect because real GDP per capita did not recover to its pre-depression level until the late 1930s/early 1940s.