Which of the Following Was a Consequence of the 1907

question 18

Multiple Choice

Which of the following was a consequence of the 1907 financial crisis in the United States?

• A) It proved that government regulation did not work.
• B) American investors fled U.S. banks and turned to Europe as a place to invest their funds.
• C) Investment in railroads declined drastically.
• D) It showed how quickly national financial matters could become international affairs.

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Definitions:

Upward Communication

The process of information flow from the lower levels of a hierarchy to the upper levels within an organization.

Subduction-derived Magma

Magma that is generated by the melting of subducting oceanic crust beneath a continental plate, often leading to volcanic activity.

Oceanic Crust

The part of Earth's lithosphere that underlies the ocean basins, composed mostly of basaltic rock and thinner than the continental crust.

Island Arcs

Curved chains of volcanic islands that form along subduction zones at the edges of tectonic plates in the ocean.