Which of the Following Contributed to the Severity of the Great

question 478

Multiple Choice

Which of the following contributed to the severity of the Great Depression in the 1930s?

• A) constant structural changes that created uncertainty and undermined markets
• B) the Fed's policy of rapid monetary expansion during the early 1930s
• C) a reduction in tariffs protecting many U.S. industries
• D) a substantial tax rate reduction, which led to large deficits and high interest rates during the early 1930s

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Definitions:

Social Bonds

Connections among individuals in a society that foster trust, cooperation, and collective action.

Associate

To connect or link in one's mind; to relate one idea or concept with another.

Drive Theories

A group of theories in psychology that suggest humans are motivated by biological drives to achieve certain needs such as hunger or thirst.

Incentive Theories

Psychological models which suggest behavior is motivated by a desire for rewards and avoidance of punishments.