Question

Which statement best explains how manufacturers contributed to the economic slowdown that led to the Great Depression?

They were overproducing goods.
They were not meeting consumer demands.
They were charging high prices for their products.
They were unable to pay back loans borrowed from banks.

Answer 1

The statement that best explains how manufacturers contributed to the economic slowdown that led to the Great Depression is that they were overproducing goods. During the first decades of the 20th century, the industrialization of manufacturing enabled to produce more goods at a shorter period. The use of electricity, motorization and mass production highly increased the productivity, which resulted in the workweek being reduced and the wages being affected.

Answer 2

The correct answer of the given question above would be the first statement. The statement that best explains how manufacturers contributed to the economic slowdown that led to the Great Depression is that, they were overproducing goods. Hope this is the answer that you are looking for.