Which of the Following Was a Consequence of the 1907

question 18

Multiple Choice

Which of the following was a consequence of the 1907 financial crisis in the United States?

• A) It proved that government regulation did not work.
• B) American investors fled U.S. banks and turned to Europe as a place to invest their funds.
• C) Investment in railroads declined drastically.
• D) It showed how quickly national financial matters could become international affairs.