Which of the Following Factors Was Primarily Responsible for the Excess

question 15

Multiple Choice

Which of the following factors was primarily responsible for the excess production capacity in the U.S. in the first half of the twentieth century?

• A) Technological innovation revolutionized production during this time.
• B) Many firms from other nations shifted their production facilities to the U.S.
• C) Domestic demand was at a historic low and resulted in excess capacity.
• D) Swelling labor supply of returning military after World War II.
• E) Influx of migrant laborers from Europe and Japan.