How did the United States and many European countries initially respond to the decrease in tax revenue caused by the Great Depression?

A. Reducing taxes on goods imported from other countries

B. Investing more government funds into stock markets

C. Cutting government spending to avoid going into debt

D. Creating public works programs to reduce unemployment

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Akira Krueger

29 September, 10:34

How did the United States and many European countries initially respond to the decrease in tax revenue caused by the Great Depression?

A. Reducing taxes on goods imported from other countries

B. Investing more government funds into stock markets

C. Cutting government spending to avoid going into debt

D. Creating public works programs to reduce unemployment

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Skyla · Answer 1

Hello there.

How did the United States and many European countries initially respond to the decrease in tax revenue caused by the Great Depression?

Answer: C. Cutting government spending to avoid going into debt