Measuring the Great Depression
Match the statements in the drop down menu on what you learned "Measuring the Great Depression."
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Period 1
Period 4
Period 5
This is the market value of all final goods and services produced in a country during a year.
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Consumer Price Index
Deflation
Depression
Real GDP
Inflation
Unemployment Rate
Nominal GDP
This fell 29 percent from 1929 to 1933.
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Consumer Price Index
Deflation
Depression
Real GDP
Inflation
Unemployment Rate
Nominal GDP
This increased to 25 percent during the Great Depression.
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Consumer Price Index
Deflation
Depression
Real GDP
Inflation
Unemployment Rate
Nominal GDP
This causes households and firms to postpone spending.
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Consumer Price Index
Deflation
Depression
Real GDP
Inflation
Unemployment Rate
Nominal GDP
This is a severe period of declining real output and employment across sectors of the economy and regions of the country.
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Consumer Price Index
Deflation
Depression
Real GDP
Inflation
Unemployment Rate
Nominal GDP
This is a measure of the overall price level of goods and services in the economy.
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Consumer Price Index
Deflation
Depression
Real GDP
Inflation
Unemployment Rate
Nominal GDP
This is a sustained increased in the general price level.
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Consumer Price Index
Deflation
Depression
Real GDP
Inflation
Unemployment Rate
Nominal GDP
This is a sustained decreased in the general price level.
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Consumer Price Index
Deflation
Depression
Real GDP
Inflation
Unemployment Rate
Nominal GDP
This is the percentage of the labor force who are unemployed.
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Consumer Price Index
Deflation
Depression
Real GDP
Inflation
Unemployment Rate
Nominal GDP
This decreases the purchasing power of the dollar.
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Consumer Price Index
Deflation
Depression
Real GDP
Inflation
Unemployment Rate
Nominal GDP
This is the market value of all finals goods and services produced within a country in a given year adusted for inflation.
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Consumer Price Index
Deflation
Depression
Real GDP
Inflation
Unemployment Rate
Nominal GDP
Option 1
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