Practice free →
HomeUP Board Class 12economicsIntroduction to Economics › The historical event that prompted the developme…

The historical event that prompted the development of macroeconomics in the 1930s was the:

AGreat Depression
Bfall of the Berlin Wall
CIndustrial Revolution
DFirst World War
Answer & Solution
Correct answer: A. Great Depression
The 1930s Great Depression spurred the rise of macroeconomics.
Solve this in the app — UP Board Class 12 practice & 24k+ MCQs →
Related questions