Which of the following contributed to the severity of the Great Depression in the 1930s?
A) constant structural changes that created uncertainty and undermined markets
B) the Fed's policy of rapid monetary expansion during the early 1930s
C) a reduction in tariffs protecting many U.S. industries
D) a substantial tax rate reduction, which led to large deficits and high interest rates during the early 1930s

Question

Quizplus · Accepted Answer

The Great Depression was exacerbated by structural changes and uncertainties, such as bank failures and market instability, which undermined confidence and economic activity.

Which of the Following Contributed to the Severity of the Great