The depression of the 1870s and 1890s convinced many Americans that the source of economic turmoil was
A)over-production.
B)under-consumption.
C)government regulation.
D)the power of unions.

Question

Quizplus · Accepted Answer

The economic depressions of the 1870s and 1890s were largely attributed to over-production, where industries produced more goods than the market could consume, leading to falling prices, reduced profits, and widespread unemployment.

The Depression of the 1870s and 1890s Convinced Many Americans