During the Great Depression, capital stock in the United States was reduced since

Question

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Gross investment was below depreciation during the Great Depression, which means that the capital stock was reduced over time. This is because businesses were not investing as much in new capital goods, and the existing capital stock was wearing out and being depreciated. As a result, there was a net reduction in the amount of capital stock in the economy during this period.

During the Great Depression, Capital Stock in the United States