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1 vote
Which of the following best explains how the overproduction of goods in the 1920s affected consumer prices and the economy?

-Prices fell as consumer demand increased, and the economy grew.
-Prices increased along with consumer demand, and business prospered.
-Prices fell as consumer demands decreased, and the economy slowed down.
-Prices increased but consumer demand decreased, and the economy grew.

2 Answers

4 votes
It is the third option
User Johnny Chu
by
7.4k points
2 votes
It's: -Prices fell as consumer demands decreased, and the economy slowed down.

When demand decreases, prices fall.
User Shesek
by
8.6k points
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