All of the Following Statements Are Correct About the Great

question 110

Multiple Choice

All of the following statements are correct about the Great Depression except

• 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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