The Great Depression is the most well-known and heavily researched economic downturn in our nation’s history. Examine the following graph and answer the questions.

1. What does Gross Domestic Product tell us about the health of our economy?
(your answer here)



2. According to the graph above, what happened to GDP after the First New Deal Legislation was enacted?
(your answer here)


Part 2 (continued): In 2008 and 2009, the Federal Government enacted legislation to help the economy recover from the Great Recession. Examine the following graph showing the unemployment rate from 2005 to 2022 and answer the questions.

1. What happened to the unemployment rate between 2010 and 2019?
(your answer here)


2. Why does unemployment increase during a recession?
(your answer here)


3. What do you think caused the spike in unemployment in 2020?
(your answer here)