Question

Which TWO factors contributed to the Great Depression?

A.
Farmers produced more crops than people were able to buy.
B.
People borrowed more money from banks than they were able to repay.
C.
Consumers demanded more goods than factories were able to produce.
D.
Wars overseas and the draft caused labor shortages and industrial shortfalls.
E.
Congress instituted high tariffs that crippled businesses.

Answer 1

Answer: A and E

Step-by-step explanation:

The Great Depression was a complex economic event, caused by a combination of factors. However, two major factors that contributed to the Great Depression were:

A. Farmers produced more crops than people were able to buy, which led to falling crop prices and declining agricultural incomes, contributing to a general economic downturn.

E. Congress instituted high tariffs that crippled businesses, which reduced international trade and resulted in decreased economic activity.

Therefore, options A and E are the two factors that contributed to the Great Depression.