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8 October, 06:17

What was not the cause of the great depression

a. overproduction

b. stock speculation

c. under consumption

d. foreign competition

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Answers (1)
  1. 8 October, 09:16
    0
    C, under consumption

    overproduction was a major issue as farmers industrialized

    Stock speculation was a major issue, and the main cause of the great depression - People would invest in stocks without doing proper research.

    Foreign competition, as a real 'global' economy developed, was a issue, and the world became extremely inter-linked as it is now; a economic crisis in one nation will affect countless others.

    Under consumption was not really a contributing factor as people had more money to consume more items leading up to the great depression (1920's)
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