Which factor contributed to the spread of the Great Depression overseas? a. Europe increased trade to the US. b. Congress lowered tariffs on foreign imports. c. American idustry reduced production levels. d. The US curtailed investments in Europe.

Question

Which factor contributed to the spread of the Great Depression overseas?  a. Europe increased trade to the US. b. Congress lowered tariffs on foreign imports. c. American idustry reduced production levels. d. The US curtailed investments in Europe.

anonymous · Answer

D.

A. can not be right because increased trade would help both American and European economies.

B. can not be right because lowered tariffs would make it so that European economies would fare better in the international market.

C. can not be right because the influence of American industries in European markets was insignificant at that time.

Historically, D. is correct. United States businesses and government invested greatly in Europe during the period before the Depression. The withdrawal of these investments quickly took their toll on the European markets and spread the effects of the Depression more quickly overseas.

anonymous · Answer

d