135,600 views
2 votes
2 votes
How did under consumption lead to the stock market crash of 1929 and the Great Depression ?

User Sergey Vakulenko
by
2.4k points

1 Answer

10 votes
10 votes

Answer:

Down below!

Step-by-step explanation:

Underconsumption asserts that consumption of less than is produced is caused by insufficient purchasing power and results in business depression. ... Keynes advocated increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the depression

User Phil Kulak
by
2.8k points