A decade after World War I ended,a significant event occurred that caused corporate budget cutting,and advertising expenditures to plummet.This event was:

Question

Quizplus · Accepted Answer

The correct answer is the stock market crash on October 29, 1929, also known as Black Tuesday. This event marked the beginning of the Great Depression, which caused economic turmoil and widespread unemployment throughout the United States. As a result, many companies were forced to cut their budgets and reduce their advertising expenditures in order to stay afloat during this difficult time. The imposition of a personal income tax, default on loans, the creation of the World Bank, and challenges to consumer credit may have had an impact on the economy, but they did not directly cause corporate budget cutting and advertising expenditures to plummet as the stock market crash did.

A Decade After World War I Ended,a Significant Event Occurred