The three consequences of the decline in demand during the Great Depression were _____ prices, _____ output, and a surge in unemployment.
A) falling; declining
B) falling; increasing
C) rising; increasing
D) rising; declining

Question

Quizplus · Accepted Answer

The decline in demand during the Great Depression caused prices to fall, as businesses struggled to sell their goods and had to lower prices to attract buyers. Output also declined, as businesses reduced their production in response to lower demand. This reduction in output led to a surge in unemployment, as fewer workers were needed to produce goods and provide services.

The Three Consequences of the Decline in Demand During the Great