How did the Great Depression in the United States affect manufacturing in Europe?
Fewer products were exported to the US from Europe, so unemployment in Europe rose.
Fewer products were created in the United States, so production in Europe increased.
Production in European factories decreased, so European countries imported more US products.
Production in US factories decreased, causing more jobs to be created in Europe.
Fewer products were exported to the US from Europe, so unemployment in Europe rose.
Fewer products were created in the United States, so production in Europe increased.
Production in European factories decreased, so European countries imported more US products.
Production in US factories decreased, causing more jobs to be created in Europe.
Answers & Comments
Answer:
The correct answer is: Production in European factories decreased, so European countries imported more US products.
During the Great Depression, the United States experienced a significant economic downturn that had a ripple effect on the global economy. The US was a major consumer of goods produced in Europe, but as the Depression worsened, demand for these products declined. This, in turn, led to a decrease in manufacturing activity in European factories, which caused unemployment rates to rise.
As a result of the decline in European manufacturing activity, European countries began to import more products from the United States. This was due in part to the fact that the US had not been hit as hard by the Depression as Europe, and was therefore still producing goods at a relatively high level. The increased importation of US products helped to stabilize the European economy to some extent, but it also had the effect of exacerbating the Depression in the United States, as it reduced demand for domestically produced goods even further.
Verified answer
Answer:
Production in European factories decreased, so European countries imported more US products.
Explanation: