The Lessons Learned from the Global Economic Collapse of the 1930s

question 5

Multiple Choice

The lessons learned from the global economic collapse of the 1930s included

• A) the major economies could not maintain their fixed exchange rate regime.
• B) the resultant flexible regime was highly unstable.
• C) there were speculative attacks on currencies and currency devaluations.
• D) All of these are true.

---

Definitions:

Unconcerned

Not worried, interested, or engaged; indifferent.

Evolutionary Perspective

A theoretical approach that explains human behavior and mental processes through the lens of adaptation and natural selection.

Prosocial Behaviour

Refers to voluntary actions intended to help or benefit another individual or group of individuals without expecting reward.

Freudian

Pertaining to or influenced by the theories of Sigmund Freud, especially those related to the unconscious mind, psychosexual stages, and defense mechanisms.