THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following was a warning sign of an unsound economy that was ignored during the 1920’s?
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Personal debt was decreasing
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Wages were keeping pace with production
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More goods were being produced than consumers could buy
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The Dow Jones Industrial Average was steady
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Explanation:
Detailed explanation-1: -The danger signs that were present in the economy of the late 1920s was that banks weren’t having enough money and stock prices were decreasing. Steel production as well was going down along with the building of houses and the sale of cars.
There is 1 question to complete.