QUESTION
Which of the following reasons contributed to the Great Depression of the 1930s?
A. Inability to meet the increasing world demand for products
B. Several countries accepting General Agreement on Tariffs and Trade
C. Increasing attack from foreign competitors on domestic industries
D. Privatization of state-owned organizations
E. Countries progressively raising trade barriers against each other
ANSWER
E
Countries progressively raising trade barriers against each other ultimately depressed world demand and contributed to the Great Depression of the 1930s.
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