The most severe economic contraction of the twentieth century was ________.
A) the recession of 2007-2009
B) the Great Depression
C) World War I
D) World War II

Question

Quizplus · Accepted Answer

The Great Depression, which began in 1929 and lasted throughout the 1930s, is widely considered to be the most severe economic contraction of the twentieth century. It resulted in a massive unemployment, bank failures, and a decline in economic activity across the globe.

The Most Severe Economic Contraction of the Twentieth Century Was