Which of the following best explains why the Great Depression spread to Britain?(1 point)
Responses
a decline in the shipping industry and a reliance on German reparations
a decline in the shipping industry and a reliance on German reparations
a dramatic drop in American purchases of luxury items and overproduction
a dramatic drop in American purchases of luxury items and overproduction
an increase in demand for luxury goods and underconsumption
an increase in demand for luxury goods and underconsumption
the harsh terms of the Treaty of Versailles and the credit system
the harsh terms of the Treaty of Versailles and the credit system
The correct answer is:
a decline in the shipping industry and a reliance on German reparations