Of the following, the most important cause of the Great Depression was: A. serious dislocation in international trade B. European abandonment of the gold standard C. confiscatory social security taxes D. excessive government spending
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It was characterized by high unemployment rates, a decline in industrial production, and a significant decrease in international trade. One of the main causes of the Great Depression was the stock market crash of 1929, which led to a collapse in consumer spending Show more…
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