<span>The Depression spread rapidly around the world because the responses made by governments were flawed. When faced with falling export earnings they overreacted and severely increased tariffs on imports, thus further reducing trade. Moreover, since deflation was the only policy supported by economic theory at the time, the initial response of every government was to cut their spending. As a result consumer demand fell even further. Deflationary policies were critically linked to exchange rates. Under the Gold Standard, which linked currencies to the value of gold, governments were committed to maintaining fixed exchange rates.</span>
It can be inferred that the details under “Social Upheaval” that supports the idea that “terror and bewilderment” can cause people to respond in unusual or illogical ways is that Social Upheavals s are usually triggered by stringent economic or political conditions.
<h3>What was the
Social Upheaval?</h3>
The term "social upheaval" refers to the disruption of social life in a civilization. War, starvation, economic restrictions, and tougher legal measures can all contribute to it. People will typically take to the streets to protest.
<h3>What was the catalyst for societal transformation in Europe?</h3>
Around 1760, the Industrial Revolution began, and it revolutionized people's social and economic life first in England, then in other European nations, and finally on other continents.
In Europe, several societal transformations occurred, including the Renaissance, the Protestant Reformation, and colonization.
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prompt
Explanation:
an adventure I will never forget is when I went camping at ________________ with my family and we did _____________ and had a lot of fun we were sad to go but we could come back next year.