Trivia: The fallout from what event created the field of macroeconomics?
World War I
Great Depression
1973 Oil Crisis
Boston Tea Party
The correct answer is Great Depression
So why is this answer correct? : The field of macroeconomics — which studies how an overall economy behaves — largely coalesced around economists’ exploration into what caused the Great Depression. Many view the 1929 stock market crash as the beginning of the Great Depression, but the causes were much deeper and more widespread than just a bad day on the market. They included government policies, bank failures, and a collapse of the money supply.