At the end of 1918 and the start of the 1919 the United States experienced a recession. Which is the BEST explanation for this economic downturn? A) too many consumers buying to much on credit B) wartime production was cut in the demobilization process C) unchecked stock market speculation led to an economic collapse D) the Stock Market crashed because of the lack of war reparation payments

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History

Elvis Patterson

8 July, 14:01

At the end of 1918 and the start of the 1919 the United States experienced a recession. Which is the BEST explanation for this economic downturn? A) too many consumers buying to much on credit B) wartime production was cut in the demobilization process C) unchecked stock market speculation led to an economic collapse D) the Stock Market crashed because of the lack of war reparation payments

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Everett Mercado · Answer 1

Answer: A

Explanation: People didnt know how credit worked so people who did know - the rich - took advantage of the poor by getting there Hope's on using credit.