The Problem Of Unemployment During The Great Depression

Every time when economic turmoil, they are have serious problems about unemployment. In American history, in 1929. Markets collapse and unemployment is 2.5%. And then employment rate is rapidly falling, in 1933 it had set a record and it is 25%, this is mean one person in fore losing his job. American low unemployment is because of himself economic crisis. Just when the crisis started, some economists had forecast it. When crisis happened, enterprise financing channel was not smooth; profit was maximized; bank had not make loans; business operation is hardly; profit shrinkage; large-scale layoffs; consumption is down. This process ultimately resulted in a high-unemployment.
In conclusion, we should learn how prophylaxis of low-employment