Which of the Following Best Summarizes the Main Causes of the Great

question 101

Multiple Choice

Which of the following best summarizes the main causes of the Great Depression?

• A) Oil-producing countries deliberately raised the price of petroleum,leading to inflation and a deep recession.
• B) The Federal Reserve raised short-term interest rates very high in an effort to decrease inflation,which also drove the economy into a recession.
• C) The end of overseas war efforts led to a deep decrease in federal spending,which reduced employment and caused a recession.
• D) A stock market crash led to a decrease in expected income and tight monetary policy.Higher tax rates and a banking crisis then drove the economy into a depression.
• E) The stock market collapsed following the end of a bubble in technology stock prices,which caused a decrease in investment spending and a recession.

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Definitions:

Ideal Negotiation Process

An optimal sequence of discussion and adjustment among parties seeking to reach a universally satisfactory agreement.

Viable Alternative

A practical and achievable option among various solutions that has the potential to effectively resolve an issue or meet objectives.

Satisfactory Agreement

An agreement that meets the acceptable standards or needs of the parties involved.

Specific Target Point

This is a predefined objective or goal that one or both parties aim to achieve in a negotiation or bargaining situation.