Which Statement About the Great Depression Is FALSE

question 30

Multiple Choice

Which statement about the Great Depression is FALSE?

• A) The stock market crash in the United States led to the withdrawal of American investments in Europe thus weakening the European banking system.
• B) Economic depressions were a new phenomenon in the European experience.
• C) During the depression women were often able to secure low-paying jobs and servants and housekeepers while many men remained unemployed.
• D) The classical liberal remedies for depressions were balanced budgets, cutting costs, and raising tariffs, all of which only worsened the crisis.
• E) Fascism and communism appealed to many because of the perceived failure of capitalism.

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Definitions:

Traditional View

A perspective or approach that is rooted in long-standing practices, beliefs, or theories, often contrasted with more modern or innovative viewpoints.

Existential Import

The notion in logic that a statement implies the existence of the subject it mentions.

Syllogism Validity

The property of a syllogism where the conclusion logically follows from the premises; if the premises are true, the conclusion must be true.

Socialization

The process by which individuals learn and internalize the values, beliefs, and norms of their society, shaping their behaviors and mindset.