Several Consequences of the Great Depression of the 1930s Led

question 18

Multiple Choice

Several consequences of the Great Depression of the 1930s led to the Second World War.Among these was:

• A)an increase in military spending by the United States.
• B)a decrease in involvement in the League of Nations by the United States.
• C)the decrease in aggressive tendencies by the fascist governments of Europe.
• D)an intensification of economic nationalism.
• E)the admission of Germany and the Soviet Union to the League of Nations.

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Definitions:

Bond Investment

Purchasing debt securities issued by corporations or governments to finance their operations, typically yielding interest income.

Fair Value Adjustment

An accounting process to adjust the book value of an asset or liability to reflect its current market value.

Long-Term Investment

assets purchased by a company that are intended to be held for more than one year, such as stocks, bonds, or real estate.

Realized Gain

The profit earned from selling an asset for more than its purchase price, recognizable when the transaction is completed.