The Great Depression began with the:
AOutbreak of the First World War in August 1914
BBritain leaving the gold standard in 1931
CWall Street stock market crash in October 1929
DTreaty of Versailles signed in 1919 after WWI
Answer & Solution
Correct answer: C. Wall Street stock market crash in October 1929
The Great Depression (1929-1939) began with the Wall Street stock market crash in October 1929. US unemployment hit 25%; world trade dropped 65%; deflation spread; rural India was ruined.
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