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12 January, 17:38

Which was NOT an effect of the Great Depression on average Americans?

A) People lost jobs and suffered poverty

B) Many people suffered from malnutrition.

C) Large numbers of people began collecting unemployment.

D) There was a drop in the marriage and birth rate

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  1. 12 January, 18:11
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    The correct answer is letter D

    The economic crisis unleashed since 1929, when the New York Stock Exchange crashed, reflects the more general crisis of liberal capitalism and liberal democracy. In the interwar period (1919 - 39), the economy sought to find ways to recover from state liberalism, while consolidating monopolistic capitalism. Even in the US, antitrust laws were losing their effect, and large companies - industrial and banking - took over the economic landscape, protected by the noninterventionist policy adopted mainly after 1921.
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