The Causes of the Great Depression Included

question 11

Multiple Choice

The causes of the Great Depression included

• A) agricultural overproduction and debt.
• B) unequal distribution of wealth
• C) overextension of credit and an absence of any significant government regulation of financial markets.
• D) anemic foreign trade.
• E) economic troubles in Europe.

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Definitions:

Hedonists

Individuals or philosophies that prioritize pleasure or happiness as the highest good.

Self-defeating

Refers to actions or policies that undermine their own goals or purposes.

Psychological Egoism

A theory suggesting that all human actions are motivated by self-interest, even in what seem to be acts of altruism.

Egotistical

Pertaining to or characterized by excessive self-absorption, often considering oneself superior to others.