The economic crisis was exacerbated in the early 1930s when
A) U.S.banks increased loans to Germany and Austria,depleting the Treasury of its reserves.
B) Germany defaulted on reparations to France and Britain,causing those nations to default on their U.S.loans.
C) the Federal Reserve loosened credit,causing interest rates to dip.
D) the Mississippi flooded,damaging critical infrastructure in several states.
Correct Answer:
Verified
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