The Speed at Which the Economic Depression That Started in 1873

question 11

Multiple Choice

The speed at which the economic depression that started in 1873 spread to various financial capitals proved that

• A)banks were not a safe place for one's money.
• B)banks were not regulated enough.
• C)banks were regulated too much.
• D)improvements in transportation and communication had created an interconnected global economy.
• E)tariffs and protectionism could spare a country from an economic crisis.