Great Depression Impact On Europe
Which of the following explains why the onset of the Great Depression in the United States had such an immediate impact on Europe?
AUnited States banks called in the loans they had previously made to European nations.
BThe United States supplied European nations with the majority of their food.
CThe United States possessed the only stock market at the time.
DMany European nations actively traded on the United States stock market.
EThe Euro was pegged to the value of the United States dollar.