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.
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.
High unemployment led people to lose faith in democracy and left many countries vulnerable to attack.
Banks contiued to lend money to countries and individuals but it was not enough
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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 reflects the global trend of countries adopting protectionist measures in response to the economic crisis, which contributed to a decline in international trade and further deepened the economic downturn worldwide.
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