What was a major cause of the Great Depression?

(1) overproduction and underconsumption

(2) a decrease in the supply of consumer goods

(3) an increase in demand for imported products

(4) an increase in the price of wheat on the world

market

Question

Marcus Freeman

History

14 June, 20:10

What was a major cause of the Great Depression?

(1) overproduction and underconsumption

(2) a decrease in the supply of consumer goods

(3) an increase in demand for imported products

(4) an increase in the price of wheat on the world

market

+1

Answers (1)

Know the Answer?

Olson · Answer 1

"(3) an increase in demand for imported products" is perhaps the best answer from the list, but none of these are really right. The cause was over-investment and then panic about inflated value.

What was a major cause of the Great Depression?(1) overproduction and underconsumption(2) a decrease in the supply of consumer goods(3) an increase in demand for imported products(4) an increase in the price of wheat on the worldmarket

What was a major cause of the Great Depression?

(1) overproduction and underconsumption

(2) a decrease in the supply of consumer goods

(3) an increase in demand for imported products

(4) an increase in the price of wheat on the world

market