AP World History : Economic History

Study concepts, example questions & explanations for AP World History

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Example Questions

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Example Question #71 : Labor Systems And Economic Systems

Which of these countries was least affected by the Great Depression?

Possible Answers:

the Soviet Union

the United Kingdom

Germany

the United States of America

Japan

Correct answer:

the Soviet Union

Explanation:

The United States, Germany, and the United Kingdom all suffered terribly in the Great Depression. These three countries were tied together by the global capitalist market. Japan also suffered as a result of the Great Depression, but less so than the other three countries because Japan was less integrated into the global economy and was still undergoing its period of industrialization and modernizing growth. Only the Soviet Union remained largely unaffected by the Great Depression, indeed Soviet heavy industry grew dramatically during the Great Depression. This is because the Soviet Union was a communist country and the economy was almost entirely isolated from the economy of the rest of the world.

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