Which of the following best describes the economic dynamic of the Great Depression?
A) Economic uncertainty prompted a dramatic increase in the labor force participation rate.
B) Plummeting sales and lack of consumer confidence triggered a surge in the trade deficit.
C) Declining sales tax revenue triggered a disproportionate rise in income taxes.
D) Superior competitors from overseas forced an inefficient domestic industry to its knees.
E) Mass unemployment and the lack of investment triggered a devastating cycle of deflation.
Correct Answer:
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