Most Economists Believe the Severity and Duration of the Great

question 102

Multiple Choice

Most economists believe the severity and duration of the Great Depression was primarily the result of

• A) the large budget deficits of the federal government.
• B) the reduction in tariffs and the influx of foreign imports during the early 1930s.
• C) the excessive use of credit cards.
• D) a sharp contraction in the money supply.

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Definitions:

Jean Baudrillard

A French sociologist, philosopher, and cultural theorist known for his analysis of media, technology, and simulation in the context of postmodern society.

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