Question

Which of the following caused the Great Depression to get even worse following the American stock market crash?
A. European nations damaged by World War I invested in military spending rather than rebuilding.
B. American had huge war debt following World War I and had to borrow from other countries.
C. Countries around the world established tariffs in an effort to protect domestic businesses.
D. East Asian countries lifted trade embargoes, allowing for cheap goods to flood Western markets.

Answer 1

Countries around the world established tariffs in an effort to protect domestic businesses.

Answer 2

The correct answer is option C) Countries around the world established tariffs in an effort to protect domestic businesses.

What caused the stock market to crash during the Great Depression?

The main cause of the Wall Street crash of 1929 was the long period of speculation that preceded it, during which millions of people invested their savings or borrowed money to buy stocks, pushing prices to unsustainable levels.

What was the worst cause of the Great Depression?

Among the suggested causes of the Great Depression are the stock market crash of 1929; the collapse of world trade due to the Smoot-Hawley Tariff; government policies; bank failures and panics; and the collapse of the money supply.

Learn more about the American stock market crash here: brainly.com/question/2409521

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