What do most economists agree was the trigger of the Great Depression?
A) a fall in the domestic price level
B) a stock market crash
C) high unemployment and high inflation
D) an increase in the domestic price level
E) rising house prices

Question

Quizplus · Accepted Answer

The majority of economists agree that the trigger for the Great Depression was the stock market crash on October 29, 1929, also known as Black Tuesday. This event led to a widespread loss of confidence in the economy and a decrease in investment and production, which exacerbated the economic downturn. While other factors such as high unemployment and deflation also contributed to the severity of the Great Depression, the stock market crash is generally regarded as the initial impetus for the economic crisis.

What Do Most Economists Agree Was the Trigger of the Great