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In which way did Great Britain's leaders try to recover from the Great Depression?
O by lowering taxes to improve personal incomes
O by lessening control over national currency
by lowering interest rates to help business
O by lessening reliance on exports and imports

Respuesta :

Answer:

The way Great Britian's leaders try to recover from the Great Depression was:

C) By lowering interest rates to help business

Explanation:

The Great Depression in the Great Britian was also known as the Great Slump. It was the largest economic depression Britian had in 20th century. It basically originated from the United States, but quickly found its way all around the world. Britian's world trade fell to its half and the unemployment even increased to 70% in some areas. To promote more business so that it can stablize the economy, interest rates on businesses were reduced

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Interest rates reduction is the best way of the Great Britain's leaders to recover from the Great Depression.

What is the great depression?  

  • The Great Depression was the bad economic downswing in the past times of the industrialized world,

  • It was measured from 1929 to 1939.

  • It starts out after the stock market crash of October 1929, which sent Wall Street into a panic and passed out millions of investors.

  • It basically arose from the United States, but speedily found its way all around the world.

Britain's world trade fell to its half, and the unemployment even increased to 70% in some areas. To boost more business to change the economy, interest rates on businesses sets cut down.

Therefore, interest rates reduction is the best way to recover from the great depression in Great Britain.

Hence, the correct option is [C].

Learn more about great depression, refer:

https://brainly.com/question/441267

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