Question

How did Great Britain copy the response of the Nordic countries to the Great

Depression?
O by no longer basing its money on gold
O by insuring the value of bank deposits
by no longer making payments on its debts
by spending money to reduce unemployment

Answer 1

The Great Depression hit the world during a time when Nordic countries were combining the Nordic culture of success with free market systems and small public sectors (taxes amounted to only 10 per cent of the Swedish economy in 1930). This can explain why the countries grew through new enterprises.

Step-by-step explanation: