What Did the U

question 42

Multiple Choice

What did the U.S.business cycles in the early 1890s and early 1930s have in common?

• A)rapid industrialization
• B)persistently high inflation
• C)high consumer confidence
• D)all of the above
• E)none of the above

---

Definitions:

Disadvantages

The unfavorable conditions or attributes that lead to a decrease in effectiveness, efficiency, or benefit.

Trust Receipt

A notice provided by the bank to a buyer who has taken out a short-term loan to purchase goods, with the bank holding the title to those goods until the loan is repaid.