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Which situation was a basic cause of the Great Depression?
some banking policies were unsound and had led to the overexpansion of credit
high unemployment and overproduction
purchase of stocks on credit (buying on the margin)
overproduction of consumer goods
uneven distribution of wealth
Changes in economic conditions led to changes in automobile production
buying goods on credit
the economy would recover on its own
During the 1920s, which economic trend helped cause the Great Depression?
some banking policies were unsound and had led to the overexpansion of credit
high unemployment and overproduction
purchase of stocks on credit (buying on the margin)
overproduction of consumer goods
uneven distribution of wealth
Changes in economic conditions led to changes in automobile production
buying goods on credit
the economy would recover on its own
When the Great Depression began in 1929, the most common economic belief supported by the Republican Party was that
some banking policies were unsound and had led to the overexpansion of credit
high unemployment and overproduction
purchase of stocks on credit (buying on the margin)
overproduction of consumer goods
uneven distribution of wealth
Changes in economic conditions led to changes in automobile production
buying goods on credit
the economy would recover on its own
Which conditions are most characteristic of an economic depression?
some banking policies were unsound and had led to the overexpansion of credit
high unemployment and overproduction
purchase of stocks on credit (buying on the margin)
overproduction of consumer goods
uneven distribution of wealth
Changes in economic conditions led to changes in automobile production
buying goods on credit
the economy would recover on its own
An important factor contributing to the start of the Great Depression in the United States was the
some banking policies were unsound and had led to the overexpansion of credit
high unemployment and overproduction
purchase of stocks on credit (buying on the margin)
overproduction of consumer goods
uneven distribution of wealth
Changes in economic conditions led to changes in automobile production
buying goods on credit
the economy would recover on its own
Which economic factor was a major cause of the Great Depression?
some banking policies were unsound and had led to the overexpansion of credit
high unemployment and overproduction
purchase of stocks on credit (buying on the margin)
overproduction of consumer goods
uneven distribution of wealth
Changes in economic conditions led to changes in automobile production
buying goods on credit
the economy would recover on its own
A significant cause of the Great Depression of the 1930’s was that
some banking policies were unsound and had led to the overexpansion of credit
high unemployment and overproduction
purchase of stocks on credit (buying on the margin)
overproduction of consumer goods
uneven distribution of wealth
Changes in economic conditions led to changes in automobile production
buying goods on credit
the economy would recover on its own
In 1929, 4 million automobiles were made in the US. In 1932, 1 million were made. In 1937, 4 million were made....Which conclusion can be drawn based on those numbers?
some banking policies were unsound and had led to the overexpansion of credit
high unemployment and overproduction
purchase of stocks on credit (buying on the margin)
overproduction of consumer goods
uneven distribution of wealth
Changes in economic conditions led to changes in automobile production
buying goods on credit
the economy would recover on its own
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