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Which statement about the effects of the Great Depression is false?

It affected countries worldwide.

It affected politics and trade.

It did not affect Latin America.

It did not affect U.S. democracy.

User Harsath
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2 Answers

1 vote
I have had a similair question before...I can't remember if I got it wrong but I think the answer to the effects of the Great Depression that is false, would be letter the first choice (A)
User Vijay Baskaran
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The correct option is: "It did not affect Latin America."

The Great Depression, also known as the Crisis of the 29th, was a global economic crisis that lasted during the 1930s, in the years before the Second World War. Its duration depends on the countries analyzed, but in the majority it began around 1929 and lasted until the late 1930s or early 1940s. It was the longest depression in time, of greater depth and the one that affected more countries in the 20th century.

For countries in which exports also fell well, the situation became catastrophic, prices of imported goods fell. But not as abruptly as that of exports, in the terms of trade they were unfavorable for Latin America, since buying foreign products was expensive and the sale of products abroad was made at low prices. In addition, Latin American states were affected by the decrease in income obtained through taxes on foreign trade.

User Gowire
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