All of the Following Were Economic Events That Caused the Great

question 20

Multiple Choice

All of the following were economic events that caused the Great Depression EXCEPT

• A)the stock market crash of 1929.
• B)a decline in the construction industry.
• C)bank failures becoming increasingly common across the country.
• D)the federal government overtaking the financial sector.
• E)rising automobile inventories.

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Definitions:

Liability Accounts

Accounts on a company's balance sheet that track what the company owes to others, such as loans payable, accounts payable, and mortgage payable.