Which of the following factors contributed to the Great Depression?
A) risky stock market speculation
B) a high rate of inflation
C) the elimination of protective tariffs
D) a large and growing federal deficit

Question

Quizplus · Accepted Answer

Risky stock market speculation was one of the main factors that contributed to the Great Depression. During the 1920s, many Americans believed that the stock market would continue to rise indefinitely, leading to a speculative bubble. When the bubble burst in 1929, it led to a precipitous decline in stock prices, wiping out the savings of many middle-class Americans and leading to a cascade of economic problems.

Which of the Following Factors Contributed to the Great Depression