AP World History Quiz
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GLOBAL CONFLICT (1900-PRESENT)
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During the 1920s, Germany struggled with reparations and inflation, while the United States emerged as a major creditor. International loans and revised payment schedules helped stabilize some currencies, but the 1929 crash triggered capital flight and banking crises. Governments then faced pressure to choose between maintaining fixed exchange rates and addressing domestic unemployment. In this context, which factor most directly contributed to the rapid international spread of the Great Depression?
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