What was the name for the severe economic downturn that began with the 1929 stock market crash, when unemployment reached 27%?

Answer: The Great Depression (the 'Dirty Thirties')

The 1929 stock market crash led to the Great Depression; unemployment reached 27% in 1933.

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This practice question is based on Discover Canada, the official study guide for the Canadian citizenship test. Brush up on this topic in our Economy & Industry study guide.

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