Although There Were Many Factors That Contributed to the Great

question 54

Multiple Choice

Although there were many factors that contributed to the Great Depression worsening, what combination of factors led to a growing recession in the months before the 1929 Great Crash?

• A) overproduction and underconsumption
• B) flexible money policies and low taxes
• C) low tariffs and laws protecting labor unions
• D) low interest rates and high wages for workers
• E) inflation and low unemployment

---

Definitions:

Reporting Unit

A component of an organization for which discrete financial information is available and is reviewed regularly by the operations’ segment manager.

SEC

Stands for the Securities and Exchange Commission, which is a U.S. federal agency responsible for enforcing federal securities laws and regulating the securities industry, including stock and options exchanges.

Par Value

The face value of a bond or stock as designated by the corporation at the time of issuance.