The Main Reason That the Great Depression Ended Was

question 112

Multiple Choice

The main reason that the Great Depression ended was:

• A) effective monetary policy by the Fed under the leadership of Paul Volcker.
• B) the defeat of Adolf Hitler in Germany in the 1930s.
• C) Winston Churchill's foreign policy.
• D) deficit spending in the United States to finance World War II.

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Definitions:

Legislative History

A record of the documents, hearings, and discussions involved in the creation and passing of a law or statute.

Financial Discipline

The practice of managing one's personal or organizational finances responsibly, following a plan to achieve specific financial goals.

Chapter 13

A type of bankruptcy in the U.S. that allows individuals with a regular income to develop a plan to repay all or part of their debts.

Order For Relief

A court order in a bankruptcy case that allows the commencement of bankruptcy proceedings and the administration of the debtor's estate by a trustee.