Which of the Following Was Most Responsible for Bringing the Great

question 188

Multiple Choice

Which of the following was most responsible for bringing the Great Depression to an end?

• A) The increase in industrial demand due to the military build-up prior to World War II.
• B) The expansionary monetary policy of the Fed during the 1930s.
• C) The New Deal policies that expanded government spending, stimulated demand, and increased output.
• D) The increase in import tariffs that saved jobs and expanded total employment.

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Definitions:

Pique Technique

A strategy in social influence and compliance that involves making a request in an unusual manner to increase the likelihood of compliance by piquing interest.

Scarcity Principle

A psychological and economic principle stating that limited availability of a resource makes it more desirable and valuable.

Limited-number Technique

A marketing strategy that creates a sense of urgency by claiming a product is in short supply, urging quick consumer action.

Scarcity

A basic economic problem arising from the situation in which finite resources are insufficient to satisfy all human wants and needs.