21.4k views
0 votes
Which statement best explains how manufacturers contributed to the economic slowdown that led to the Great Depression? a They were overproducing goods. b They were not meeting consumer demands. c They were charging high prices for their products. d They were unable to pay back loans borrowed from banks.

User Sea
by
6.0k points

2 Answers

6 votes

Answer:

The answer is a

Step-by-step explanation:

I hope I helped

User Gletscher
by
4.6k points
5 votes

Answer:

Letter a is correct. They were overproducing goods

Step-by-step explanation:

With the economic growth in the USA, the 1920s was a decade marked by a euphoria of consumption, from that came a rampant consumerism due to the ease of obtaining credit. Thus increasing industrialization increased and worker productivity also increased, but wages did not increase at the same rate as the economy, which generated an overproduction of goods that could not be consumed and absorbed by the economy, which generated the great depression.

User Dina Kleper
by
5.5k points