Question

What factors caused the Great Depression to spread around the world? Check all that apply.
Americans stopped buying from overseas nations.
Large numbers of jobless Americans moved overseas.
Many countries raised tariffs on imported goods.
Stock markets started to crash in many other nations.
Americans demanded repayment of European loans.

Answer 1

causes:

over production

unequal distribution of wealth

monetary policy

high traiffs and war debts

stock market crash and finanial panic

everything was right upto 1928 as america was overconfident because of 3 stockmarkets gnp ,prosperity and economic indicators

herbert hoover won elections easily in 1928
and promised continued prosperity

in september 1929 prices began to fall suddenly and millions of fortuenes were lost


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Answer 2

Large numbers of jobless Americans moved overseas, Many countries raised tariffs on imported goods, Stock markets started to crash in many other nations factors that caused the Great Depression to spread around the world.

Explanation:

• The spread of the Great Depression is mainly credited to the increasing close interrelations between the united states and the European nations, in which the former was already with a weakened economy post wars meanwhile calling in the loans and credits by the US as the economy downgraded followed by the whole national economy going bankrupt.
• Each country wanted to dump their products onto markets of others but it was quite stressful and proved to be an unsuccessful attempt to recover the loss because every nation has raised tariffs on imported goods thereby falling in the stock markets of most nations.

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