Regarding business conditions during the 1930s,which of the following events did not occur?

Question

Quizplus · Accepted Answer

During the 1930s, particularly in the Great Depression, the overall economic downturn led to a decrease in business activities, including investments and innovations, resulting in fewer patents being applied for. Interest rates, including the prime rate, were lowered to stimulate borrowing and investment. However, despite these efforts, business investment in plants and equipment was insufficient to maintain or grow the capital stock. Contrary to the increase in mergers suggested in option B, the economic conditions of the 1930s made it difficult for companies to merge or expand, as the focus was on survival rather than growth.

Regarding Business Conditions During the 1930s,which of the Following Events