The Great Depression of the 1930s
A)confirmed the value of a "hands off" policy for governments.
B)was exacerbated by an expansionary monetary policy.
C)was a worldwide event.
D)continued throughout the 1940s without any interruption.

Question

Quizplus · Accepted Answer

The Great Depression of the 1930s was a worldwide event, affecting many countries and regions beyond the United States where it originated. It was characterized by a sharp contraction in economic activity, high levels of unemployment, and a decline in international trade. Governments around the world responded with a variety of policies, some of which were successful in alleviating the worst effects of the depression.