All of the following factors were causes of the Great Depression EXCEPT
A)an unstable European economy.
B)a lack of diversification in the United States economy.
C)a misdistribution of purchasing power.
D)conservative banking policies that restricted the availability of loans.
E)weak consumer demand.

Question

Quizplus · Accepted Answer

Conservative banking policies were not a cause of the Great Depression; rather, it was the risky banking practices and the eventual collapse of banks that contributed to the economic downturn.

All of the Following Factors Were Causes of the Great