History

Question

Which of the following contributed to the global spreading of the Great Depression?

Countries were globally connected by the gold standard's fixed exchange rates.

People from different parts of the world continued to migrate to new countries.

There was a global increase in consumer demands.

Germany violated the terms of the Treaty of Versailles.‚Äč

2 Answer

  • Answer:

    Its not C

    Explanation:

  • Countries were globally connected by the gold standard's fixed exchange rates which contributed to the global spreading of the Great Depression. Therefore, A is the correct option.

    What was the great depression?

    The great depression affected almost all the countries of the world in the late 1920s and it lasted till the late 1930s, almost for 10 years. The great depression is characterized by the declined prices of commodities which are also known as deflation, lower production, mass unemployment, hysteric situations in banks, and growing poverty.

    The major reasons behind the great depression were the stock market crash in the United States of America which resulted in a trust deficit between the market and the investors and the rate of investment in the market. Another reason was panicked people taking out their money from the banks which resulted in bank runouts and there was no money available for granting loans to people and business houses.

    Also, since the countries were globally connected by the gold standard's fixed exchange rates. Therefore, A is the correct option.

    To know more about the great depression, visit the link below:

    https://brainly.com/question/3675835

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