8. How did the Great Depression affect Europe?

a. American workers emigrated to Europe in large numbers to find jobs.
b. Overproduction made American goods too expensive for Europeans to buy.
c. U.S. banks stopped investments in Europe and demanded repayment of foreign loans.
d. The United States lowered tariffs and demanded more European goods.

I think it's C.

cookie is right

To answer this question, we need to understand the context of the Great Depression and its impact on Europe. The Great Depression was a severe worldwide economic downturn that started in the United States in 1929 and lasted until the late 1930s or early 1940s. It had significant consequences for many countries, including those in Europe.

Now, let's evaluate each of the options provided:

a. American workers emigrated to Europe in large numbers to find jobs.
This option is not accurate. The Great Depression led to high unemployment rates in the United States, causing American workers to largely face job scarcity rather than emigrate to Europe.

b. Overproduction made American goods too expensive for Europeans to buy.
This option is partially correct. The Great Depression resulted in overproduction in many industries, including the United States. As a result, American goods flooded the global market, causing prices to drop. While this made American goods more affordable, it also led to a decreased demand for European goods.

c. U.S. banks stopped investments in Europe and demanded repayment of foreign loans.
This option is accurate. During the Great Depression, the United States faced severe economic challenges, and its banks were greatly affected. To shore up their own financial stability, U.S. banks withdrew investments from Europe and demanded repayment of foreign loans. This withdrawal of funds from European countries led to a deepening of the economic crisis in Europe.

d. The United States lowered tariffs and demanded more European goods.
This option is not accurate. During the Great Depression, the United States implemented protectionist policies to protect its domestic industries from foreign competition. These policies included raising tariffs significantly, which made it difficult for European countries to export their goods to the United States.

Therefore, the correct answer is:
c. U.S. banks stopped investments in Europe and demanded repayment of foreign loans.

The key to answering this question was understanding the broader economic impact of the Great Depression and how it affected international financial systems and trade relations.

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