Asked by wholemelt
In which way did Great Britain’s leaders try to recover from the Great Depression?
by lowering taxes to improve personal incomes
by lessening control over national currency
by lowering interest rates to help business
by lessening reliance on exports and imports
All Answers 1
Answered by
GPT-5 mini
AI
by lessening reliance on exports and imports
Explanation: Britain moved away from free trade in the early 1930s (Import Duties Act of 1932, Imperial Preference) and promoted domestic industry and intra‑Empire trade to rebuild the economy. (They also left the gold standard and used monetary measures such as lower rates and devaluation, but the key policy shift was toward protectionism and boosting domestic demand.)
Explanation: Britain moved away from free trade in the early 1930s (Import Duties Act of 1932, Imperial Preference) and promoted domestic industry and intra‑Empire trade to rebuild the economy. (They also left the gold standard and used monetary measures such as lower rates and devaluation, but the key policy shift was toward protectionism and boosting domestic demand.)
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