The 1933 real GDP per person had fallen to ________ of the 1929 value in the United States,to ________ in Germany,and to ________ in the U.K.and Japan.
A)70;86;94
B)94;86;70
C)86;94;70
D)94;70;86

Question

Quizplus · Accepted Answer

In 1933, the real GDP per person had significantly declined due to the Great Depression. In the United States, it fell to 70% of its 1929 value, reflecting the severe economic downturn. In Germany, the impact was slightly less severe, with GDP per person falling to 86% of the 1929 level. The U.K. and Japan experienced the least decline among these examples, with their GDP per person falling to 94% of the 1929 value, indicating a relatively better economic resilience during the early 1930s.

The 1933 Real GDP Per Person Had Fallen to ________