QUESTION IMAGE
Question
which of the following factored into making the great depression a worldwide crisis? (1 point) an increase in agricultural prices a post - world war i economic boom lowered tariffs american protectionism
Brief Explanations
To determine the factor that made the Great Depression a worldwide crisis, we analyze each option:
- "An increase in agricultural prices" is incorrect. During the Great Depression, agricultural prices dropped due to overproduction and reduced demand, worsening the crisis rather than causing its global spread.
- "A post - World War I economic boom" is incorrect. The Great Depression was a period of economic collapse, and a boom would not lead to a depression. The post - WWI boom was followed by economic instability that contributed to the conditions leading to the Depression, but the boom itself did not spread the Depression globally.
- "Lowered tariffs" is incorrect. Lowered tariffs would typically promote international trade. During the Great Depression, many countries raised tariffs (protectionism) to protect domestic industries, which disrupted global trade.
- "American protectionism" is correct. After the Great Depression hit the US, the US implemented protectionist policies like the Smoot - Hawley Tariff Act, which raised tariffs on imported goods. Other countries retaliated by raising their own tariffs, leading to a collapse in international trade. This breakdown of global trade helped spread the economic crisis from the US to other countries, making the Great Depression a worldwide crisis.
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D. American protectionism