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1. Scholars argued the "monetary" interpretation where the Great Depression came from contraction of the currency. Others argue about the "spending" interpretation where it was because of a drop in investment and consumer spending. Corporate leaders also claimed the Depression was because of a lack of "business confidence"
2. Michael Bernstein said WW2 was good for the economy idk
3. I do not agree with any of them
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1. Germany and Austria couldn't pay the requirements by the Treaty of Versailles and thus Britain and France couldn't pay their loans to the U.S. Hawley-Smoot Tariff was bad.
2. They made investments in bridges, dams, roads, public buildings, and other large garbage.
3.
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3a.
3b.
3c.
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