Which of the following best explains why the Great Depression spread to Britain?(1 point)
Responses
a decline in the shipping industry and a reliance on German reparations
the harsh terms of the Treaty of Versailles and the credit system
an increase in demand for luxury goods and underconsumption
a dramatic drop in American purchases of luxury items and overproduction
1 answer
The correct answer is: a dramatic drop in American purchases of luxury items and overproduction.