Question

SELECT ALL THAT APPLY.

Four causes of the Great Depression included:

*a weak national economy
*agricultural overproduction
*an imbalance of foreign trade
*stock market stability
*overextended credit

Answer 1

There were several major causes of the Great Depression in the United States. Among them were:



1. Unequal distribution of wealth. There was not a large middle class. While wages were rising for the majority of workers, they were not keeping pace with the increase in the cost of living or the wealth in the hands of the industrialists and others in the upper income classes.


2. There was over speculation in the Stock Market, which was not regulated. Many Americans purchased stock on credit. This was known as margin buying.


3. Increased manufacturing and agricultural output, but wages that did not keep pace for the consumers to purchase all that was produced or grown. Hence, inventories increased and agricultural income remained low.


4. Buying on credit, known in the 1920s as installment buying. People purchased things like refrigerators on time, and did not have money to pay for the product in the future, when the bills became due.

Answer 2

Hope that helps!!<3

Answer 3

thank you so much :)

Answer 4

You are so welcome!!<3