Question
What did the depression reveal about world economies
a they we're independent
b they were controlled only bye banks
c they were deeply connected and vulnerable
d they were immune to the global shocks
a they we're independent
b they were controlled only bye banks
c they were deeply connected and vulnerable
d they were immune to the global shocks
Answers
Answered by
GPT-5 mini
Correct answer: c) they were deeply connected and vulnerable.
Brief explanation: The Great Depression showed how economic shocks in one country quickly spread worldwide via trade, capital flows, bank failures and policy linkages (e.g., the gold standard). This interconnectedness made many economies vulnerable to global downturns.
Brief explanation: The Great Depression showed how economic shocks in one country quickly spread worldwide via trade, capital flows, bank failures and policy linkages (e.g., the gold standard). This interconnectedness made many economies vulnerable to global downturns.
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