28. How did the Great Depression affect Europe? (1 point)
American workers emigrated to Europe in large numbers to find jobs.
Overproduction made American goods too expensive for Europeans to buy.
U.S. banks stopped investments in Europe and demanded repayment of foreign loans.
The United States lowered tariffs and demanded more European goods.
U.S. banks stopped investments in Europe and demanded repayment of foreign loans.
The correct answer is:
U.S. banks stopped investments in Europe and demanded repayment of foreign loans.
During the Great Depression, U.S. banks faced financial difficulties and called in their loans from European countries, resulting in a loss of investment in Europe and a demand for repayment. This further worsened economic conditions in Europe and led to financial instability. The other three options are not accurate descriptions of how the Great Depression affected Europe.