Question

What factors caused the Great Depression to spread around the world? Check all that apply.

Answer 1

Americans stopped buying from overseas nations

Americans demanded repayment of European loans.

Many countries raised tariffs on imported goods

The great depression affected all facets of the country that resulted to serious decrease in output and a sudden rise in unemployment. before this event, the Federal Reserve had caused banks to decrease their willingness to loan money to the people. the stock market also declined at the time before.

Answer 2

Americans stopped buying from overseas nations.

Many countries raised tariffs on imported goods.

Americans demanded repayment of European loans.