Which statement best explains why the Great Depression spread throughout the world?(1 point)

Responses

Europe owed reparations to Germany, and when it couldn’t pay, Germany collapsed.
Europe owed reparations to Germany, and when it couldn’t pay, Germany collapsed.

Banks contiued to lend money to countries and individuals but it was not enough
Banks contiued to lend money to countries and individuals but it was not enough

Desperate governments tried to protect their economies from foreign competition and increased taxes on imports
Desperate governments tried to protect their economies from foreign competition and increased taxes on imports

High unemployment led people to lose faith in democracy and left many countries vulnerable to attack.

1 answer

The statement that best explains why the Great Depression spread throughout the world is:

Desperate governments tried to protect their economies from foreign competition and increased taxes on imports.

This response highlights the protectionist measures that many countries adopted in an attempt to safeguard their economies, which ultimately contributed to a decline in international trade and worsened the economic crisis globally.