While the Depression's Effects on Non-Industrialized Countries Were Uneven, Those

question 104

Multiple Choice

While the Depression's effects on non-industrialized countries were uneven, those hardest hit were

• A) those that had lately undergone independence movements.
• B) those under colonial mandate.
• C) those that depended on the export of raw goods - especially food and fuel.
• D) those, like India, with "infant" industrialization.
• E) those that did not have many railroads.

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Definitions:

Government Action

Measures and policies implemented by governmental bodies to address societal, economic, environmental, or political issues.

Economic Goods

Items or services that can satisfy human wants and are scarce in relation to their demand, requiring people to make choices about their use.

Pure Market System

is an economic model where prices for goods and services are determined by open market and consumers, without government intervention.

Limited Choice

The situation in which individuals or groups have restricted options and alternatives to choose from in making decisions or in selecting products/services.