Which of the following contributed to the global economic crisis during the Great Depression?

a. Postwar reparations led to hyperinflation and economic collapse in Germany.

b. In an attempt to repay war debt, America printed more currency than could be supported.

c. European nations that borrowed from America after World War 1 defaulted on loans.

d. The U. S. government slowed economic growth by heavily regulating the stock market.

Question

History

Tony Boone

1 November, 22:54

Which of the following contributed to the global economic crisis during the Great Depression?

a. Postwar reparations led to hyperinflation and economic collapse in Germany.

b. In an attempt to repay war debt, America printed more currency than could be supported.

c. European nations that borrowed from America after World War 1 defaulted on loans.

d. The U. S. government slowed economic growth by heavily regulating the stock market.

+4

Answers (1)

Know the Answer?

Haylee Wise · Answer 1

A. Postwar reparations led to hyperinflation and economic collapse in Germany.

After WWl, the Treaty of Versailles forced Germany to pay for all of the damage done during the war because they were blamed as the sole cause of the WWl. This caused Germany to experience an economic collapse because the couldn't pay off the reparations. Hitler later came along and promised to pull Germans out of their depression by having them join the army and promising them a glorious Third Reich that would last 1,000 years.