RE: $5.2 billion out of a total economy of $_____ Billion GNP?
Therefore, the damage to the American farmers and agriculture can be ignored?
RE: $5.2 billion out of a total economy of $_____ Billion GNP?
The GDP of the USA in 1929 was about $104 Billion.
See here: http://www.shmoop.com/great-depression/statistics.html
That’s 5% of the economy.
Our GDP today is about 17 Trillion. 5% of 17 Trillion is _____________