Which of the Following Did Not Contribute to the Severity

question 162

Multiple Choice

Which of the following did not contribute to the severity of the Great Depression?

• A) A sharp reduction in the money supply during the early 1930s.
• B) A large tax increase (to balance the budget) in the early 1930s.
• C) Substantial increases in the tariff rates on imported goods.
• D) A reduction in government expenditures and a substantial cut in personal income tax rates during 1932 and again in 1936.

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Definitions:

Reinforcement

In behavioral psychology, it is the process of encouraging or establishing a pattern of behavior by offering rewards or positive outcomes.

Assimilation

According to Piaget, the incorporation of new events or knowledge into existing schemes.

Accommodation

In cognitive psychology, the process by which an individual adjusts their pre-existing schemas or ways of thinking in response to new information or experiences.

Piaget

Swiss psychologist Jean Piaget, known for his pioneering work in the study of cognitive development in children.