Home
Class 12
ECONOMICS
of 1929 led to persistent fall in output...

______ of 1929 led to persistent fall in output, employment and income level.

Text Solution

Verified by Experts

The correct Answer is:
Great depression
Promotional Banner

Topper's Solved these Questions

  • INTRODUCTION- MACROECONOMICS

    RADHA BHUGANA|Exercise MCQs|8 Videos

  • INTRODUCTION- MACROECONOMICS

    RADHA BHUGANA|Exercise OBJECTIVE TYPE QUESTIONS|5 Videos

  • INTRODUCTION- MACROECONOMICS

    RADHA BHUGANA|Exercise guidelines to NCERT questions|2 Videos

  • INCOME DETERMINATION AND MULTIPLIER

    RADHA BHUGANA|Exercise UNSOLVED NUMERICALS|31 Videos

  • MEASUREMENT OF NATIONAL INCOME : METHODS OF CALCULATING NATIONAL INCOME

    RADHA BHUGANA|Exercise UNSOLVED NUMERICALS|64 Videos

Similar Questions

Explore conceptually related problems

Explain the concept of infaltionary gap with the help of a diagram. What is its impact on output, employment and price level in the economy?

Discuss, in brief, the meanings of deficient demand and deflationary gap with the help of a diagram Also, discuss the effect of deficient demand on output, employment and price level.

What is the impact of excess demand on output, employment and prices?

Calculate National Income by output method and Income method.