Question

43 this excerpt is about unemployment during the great depression.
in june 1932 . . . 24 percent of u.s. workers were unemployed, and many of those employed were only working part - time or on shortened weeks.
—rosemary d. marcuss and richard e. kane, \u.s. national income and product statistics: born of the great depression and world war ii,\ survey of current business, february 2007
based on the excerpt and your knowledge of u.s. history, how did this problem affect the u.s. economy?
a labor unions gained more power.
b property foreclosures increased.
c manufacturers earned higher profits.
d inflation rates rose.

Explanation:

During the Great Depression, high unemployment (24% in June 1932, with many part - time or shortened - week workers) led to financial distress for homeowners, causing them to default on mortgages. This, in turn, led to an increase in property foreclosures. Labor unions gaining more power (A) was not a direct result of this unemployment situation at this time. Manufacturers (C) were likely struggling, not earning higher profits, as demand was low. Inflation (D) was not rising; instead, deflation was a problem during the Great Depression. So property foreclosures increased due to the economic hardships from high unemployment.

Answer:

B. Property foreclosures increased.