Question

The great economic depression began in-----.
A. England
B. USA
C. France
D. Germany

Answer 1

Hint:- Great Depression was the worldwide economic downturn that began in 1929 and ended in 1939. The Great Depression was faced by almost all countries of the world, which caused several fundamental changes in economic institutions. It was the worst depression ever experienced by the world economy.

Complete answer:
The Great Depression began in the U.S.A. Great Depression caused drastic declines in output, severe unemployment, and acute deflation in the whole world. The timing and severity of the Great Depression were different across countries.
The Depression was severe in the United States and Europe, although its impact was milder in Japan and much of Latin America. It resulted in the declines in the demand of consumers, financial panics, and misguided government policies caused economic output to fall in the United States. While the gold standard system, which linked nearly all the countries of the world with fixed currency exchange rates, played a major role in transmitting the American downturn to other countries.
The recovery of the world economy from the Great Depression was largely by the abandonment of the gold standard and the ensuing monetary expansion. The economic impact of the Great Depression was huge in both human suffering and major changes in economic policy.
The Depression affected severally each and every country of the world.

Hence, answer C is the right option.

Note: It caused the decline in both German and the United States industrial production.
 In Latin America, numerous countries were impacted by the Great Depression in late 1928 and early 1929, slightly before the U.S. decline in output. However, less-developed countries faced a huge impact of depressions, for example, Argentina and Brazil, etc.