WORLD HISTORY

INTER WAR YEARS 1919 TO 1939

THE GREAT DEPRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following was NOT an effect of the Great Depression?
A
homelessness
B
bank failures
C
high tariffs
D
struggling farmers
Explanation: 

Detailed explanation-1: -Other countries responded to the United States’ tariffs by putting up their restrictions on international trade, which just made it harder for the United States to pull itself out of its depression. Imports became largely unaffordable and people who had lost their jobs could only afford to buy domestic products.

Detailed explanation-2: -What was not an effect of the Great Depression? Many people did not farm; Causes of the Great Depression: many children had a poor diet, many families became homeless, and many men became unemployed.

Detailed explanation-3: -The U.S. economy shrank by a third from the beginning of the Great Depression to the bottom four years later. Real GDP fell 29% from 1929 to 1933. The unemployment rate reached a peak of 25% in 1933. Consumer prices fell 25%; wholesale prices plummeted 32%.

Detailed explanation-4: -Answer and Explanation: The correct answer is b.) The government became less involved in business activities.

There is 1 question to complete.