What was the period of the Great Depression called?
(a) The Great Economic Crisis
(b) Renaissance
(c) Dark Ages
(d) Recession Era
Answer:
So, the correct option is (a): The Great Economic Crisis
Explanation
- During the period of the great depression, banks collapsed , businesses shut down, and unemployment rise.
- The economic situation becomes unstable.
Thus, the period of the great depression is also known as The Great Economic Crisis.