Question

Rampant unemployment is found in ______

(a) boom

(b) recovery

(c) contraction

(d) depression ​

Answer 1

Rampant unemployment is found in the Boom period.

Option: (a)

Explanation:

• There is a high rate of unemployment during the period of strong economic growth.  

• It could be for many reasons which could be that people who are unemployed are not suitable for certain jobs or they are not able to fill up the job vacancies.  

• This is referred to as structural unemployment.  

• This could happen because people may not be specialized or have the required skill for those jobs that are available.  

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Answer 2

Rampant unemployment is found in great depression.

Explanation:

• About 25% of unemployment was found during the period of the great depression. About 20.5 million people were left unemployed during this time and are considered to be the greatest unemployment recorded in the history of the earth.  

• The unemployment in the U.S rose to about 33% and most of the cities around the world were hard hit. Even rural areas were affected as crop prices fell to 60%.

Learn more about the rampant unemployment is found in.

• brainly.in/question/13592925 answered by mindfulmaisel.