The Great Depression Quick Check
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Question
Which of the following correctly examines how the aftermath of World War I created economic ties between the United States and Europe that ultimately made the Great Depression a global problem?(1 point)
Responses
The Smoot-Hawley Act lent money to European nations after WWI to rebuild communities damaged during the war.
The Smoot-Hawley Act lent money to European nations after WWI to rebuild communities damaged during the war.
The Treaty of Versailles established a strong economic relationship between the U.S. and Europe.
The Treaty of Versailles established a strong economic relationship between the U.S. and Europe.
After the destruction of World War I, the U.S. government lent money to European countries that needed to rebuild.
After the destruction of World War I, the U.S. government lent money to European countries that needed to rebuild.
Because the U.S. joined the League of Nations, the U.S. and Europe were economically linked.
Because the U.S. joined the League of Nations, the U.S. and Europe were economically linked.
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The correct answer is: After the destruction of World War I, the U.S. government lent money to European countries that needed to rebuild.
The correct answer is:
After the destruction of World War I, the U.S. government lent money to European countries that needed to rebuild.
To determine the correct answer to this question, we need to examine the aftermath of World War I and its impact on the economic ties between the United States and Europe.
Option 1: The Smoot-Hawley Act lent money to European nations after WWI to rebuild communities damaged during the war.
The Smoot-Hawley Act was actually passed in 1930, well after World War I and the start of the Great Depression. It was a protectionist tariff act intended to protect American industries, rather than lending money to European nations to rebuild after the war. Therefore, this option is incorrect.
Option 2: The Treaty of Versailles established a strong economic relationship between the U.S. and Europe.
The Treaty of Versailles, which was signed in 1919, ended World War I. While it did contain provisions relating to war reparations and economic relationships between countries, it did not specifically establish a strong economic relationship between the United States and Europe. Therefore, this option is also incorrect.
Option 3: After the destruction of World War I, the U.S. government lent money to European countries that needed to rebuild.
This option correctly identifies the post-World War I situation where the U.S. government lent money to European countries that were in need of rebuilding their economies. The U.S. extended various loans and financial assistance programs to European nations, such as the Dawes Plan in 1924 and the Young Plan in 1929. These loans helped stabilize European economies in the short term, but they also created economic dependence and financial vulnerabilities that contributed to the global economic downturn during the Great Depression. Therefore, this option is correct.
Option 4: Because the U.S. joined the League of Nations, the U.S. and Europe were economically linked.
This option incorrectly suggests that the U.S. joining the League of Nations created economic ties between the U.S. and Europe. While the League of Nations aimed to promote international cooperation, it did not directly lead to significant economic ties between the U.S. and Europe that would have caused the Great Depression. Therefore, this option is incorrect.
In conclusion, the correct answer is option 3: After the destruction of World War I, the U.S. government lent money to European countries that needed to rebuild.