Wall Street collapse led to
(A) World War II
(B) Recession
(C) U.S. attack on Iraq
(D) Great Depression
Correct Answer : Great Depression
Question Asked : SSC CGL Tier-I (CBE) Exam 2016
Explanation : The Wall Street Crash of 1929 led to the beginning of the 10-year Great Depression that affected all Western industrialized countries. Also known as Black Tuesday, the Great Crash, or the Stock Market Crash of 1929, it began on October 24, 1929 (“Black Thursday”), and was the most devastating stock market crash in the history of the United States.
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Tags : History of Europe World History