By what percent did British exports fall between 1929-31?

• A. 30%
• B. 60%
• C. 10%
• D. 50%

Answer: (D)

During the Great Depression, world trade collapsed and demand for goods plummeted. Britain depended heavily on selling its manufactured goods and primary products abroad, so when overseas orders dried up, exports dropped sharply. The downturn was roughly a half, with exports falling by about 50%. This shows how deep the impact of the global recession was on Britain’s export sector. A much smaller decline would understate the scale of the downturn, while a much larger figure would exceed what the historical data typically show for this period.