Which of the Following Was NOT a Cause of the Depression

question 2

Multiple Choice

Which of the following was NOT a cause of the Depression?

• A) The gold standard caused a tightening of currency supplies worldwide.
• B) Corporate structures had been bloated by the success of the 1920s but were unprepared for the tightening of the economy.
• C) Mellon's business-friendly tax policies enticed the rich into more frenzied stock market speculation.
• D) Much of the profits that had been taken during the 1920s had been put back into companies rather than saved or invested in other ways.
• E) As consumer spending declined, the rate of investment in new factories and businesses also plummeted.

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Definitions:

Price Decreases

A reduction in the cost of goods or services, typically resulting from lower demand, increased supply, or external market factors.

Quantity of X

The amount or number of a product or service X available or demanded in a market.

Property Crime

Refers to crimes that involve the theft of personal property without the use of force against the victim.

Internet Auction Sites

Online platforms where goods and services are sold through a bidding process, with the highest bid typically winning the item.