Solved

Economists Blamed All of the Following for Causing the Depression

Question 65

Multiple Choice

Economists blamed all of the following for causing the depression except


A) Structural problems made the 1920s prosperity far more unstable than the public realized at the time.
B) Wage increases lagged behind factory output, which reduced purchasing power.
C) Assembly-line production methods encouraged overproduction.
D) Housing, automobile, textile and other industries were deeply overextended.
E) Key industries embraced costly new technologies that they could not financially support.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents