Which of the following was a major cause of the Great Depression?
O A. excessive government spending on the military
B. the large financial deficits resulting from World War I
C. increased government spending on social welfare programs
D. the rapid decrease in consumer demand and purchasing power

There is no exact cause of Great depression but some economist of that time believed that Government spending increased during this time. The fiscal expansion was done to create new jobs and increase investment in social welfare programs.

Hence, option C could be correct

Answer Link

Which of the following was a major cause of the Great Depression? O A. excessive government spending on the military B. the large financial deficits resulting from World War I C. increased government spending on social welfare programs D. the rapid decrease in consumer demand and purchasing power

Respuesta :

Otras preguntas

Which of the following was a major cause of the Great Depression?
O A. excessive government spending on the military
B. the large financial deficits resulting from World War I
C. increased government spending on social welfare programs
D. the rapid decrease in consumer demand and purchasing power