Question

Read the list and answer the question.%0D%0A%0D%0AUnequal distribution of income%0D%0AOverextension of consumer credit%0D%0AOverproduction of consumer goods%0D%0AHow did these factors affect the economy at the beginning of the Great Depression?%0D%0A%0D%0A(1 point)%0D%0AResponses%0D%0A%0D%0AThey helped people purchase necessary goods, reducing the impact of the economic decline.%0D%0AThey helped people purchase necessary goods, reducing the impact of the economic decline.%0D%0A%0D%0AThey reduced demand for manufactured goods, leading to layoffs and high unemployment. %0D%0AThey reduced demand for manufactured goods, leading to layoffs and high unemployment. %0D%0A%0D%0AThey caused the stock market to crash, leading to bank failures and personal bankruptcies.%0D%0AThey caused the stock market to crash, leading to bank failures and personal bankruptcies.%0D%0A%0D%0AThey led to the failure of many monopolies, helping the economy become more competitive.

Answer 1

They reduced demand for manufactured goods, leading to layoffs and high unemployment.