A Troubling Economic Problem in the 1920s Was the Depressed

question 35

Multiple Choice

A troubling economic problem in the 1920s was the depressed state of agriculture caused by

• A) virulent new strains of disease.
• B) the success of several new communist regimes.
• C) overproduction and falling prices.
• D) the collapse of the cotton market in the southern United States.
• E) dangerous underproduction.

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Definitions:

Outsourcing

The practice of purchasing components rather than making them in-house.

Intermediate Components

Components or parts used in the production process that are not final products but are incorporated into other goods.

Inventory Management Systems

Technologies and strategies used to oversee the ordering, storing, and use of a company’s inventory.

Production Schedules

Plans that outline the timing and sequence of manufacturing operations to meet production targets and manage resources efficiently.