Which occurred during the Great Depression? Check all that apply. increased aggregate demand new forms of money falling wages increasing prices plummeting growth surging unemployment

During the Great Depression, which lasted from the late 1920s through the 1930s, several economic phenomena occurred. Here are the relevant factors:

1. falling wages: Wages did decrease for many workers during the Great Depression as a result of widespread unemployment and economic hardship.
2. increasing prices: Generally, prices tended to decrease during the Great Depression due to reduced consumer demand and deflationary pressures.
3. plummeting growth: Economic growth significantly declined during the Great Depression. The contraction of economic activity, widespread unemployment, and reduced industrial production were key features of this period.
4. surging unemployment: Unemployment rates soared during the Great Depression. Millions of people lost their jobs, and the unemployment rate reached unprecedented levels.

The following did not occur during the Great Depression:

1. increased aggregate demand: Aggregate demand, which represents the total demand for goods and services in an economy, generally decreased during the Great Depression due to factors like reduced consumer spending and investment.
2. new forms of money: The Great Depression did not lead to the introduction of new forms of money. Instead, it was characterized by a contraction of the money supply and deflationary pressures.

I falling wages, increasing prices, plummeting growth, and surging unemployment are accurate descriptions of economic conditions during the Great Depression.