11
QuizMultiple Choice

The Cold War — Unit test

Question 11 • OK-Oklahoma History -CA- 37411A

Which of the following characteristics of the American economy in the 1920s contributed to the Great Depression? i. overproduction of consumer goods ii. increasing consumer debt iii. increased investment in the stock market through the use of credit

Answer
A
i only
B
i and ii only
C
ii and iii only
D
i, ii, and iii

Explanation

All three characteristics contributed to the Great Depression. Businesses produced more consumer goods than people could afford to buy, leaving excess inventory. Consumers increasingly relied on credit, and many investors bought stocks with borrowed money, making the market more vulnerable when prices fell. Therefore, the best answer is “i, ii, and iii.”

AI-written and checked against the verified answer.

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