During the 1920s,a great worry for industrialists was the fear of
A) the overproduction of goods.
B) a shortage in the number of skilled workers.
C) the rising bargaining power of labor unions.
D) a shortage of consumer credit.
E) inflation.

Question

Quizplus · Accepted Answer

The 1920s saw a boom in industrial production as a result of new technologies and mass production techniques. However, this led to a glut of goods on the market, which in turn drove down prices and profits. Industrialists feared that overproduction would continue, leading to an economic downturn.

During the 1920s,a Great Worry for Industrialists Was the Fear