Question
Trace the causes that led to financial collapse in industries and high unemployment. Arrange the events in order, starting with the first event on top.
(1 point)
= Bank runs contribute to the failure of financial institutions.
= Consumers make large purchases on credit.
=
Industry declines as unemployment climbs past 20 percent.
= The stock market experiences a significant crash.
(1 point)
= Bank runs contribute to the failure of financial institutions.
= Consumers make large purchases on credit.
=
Industry declines as unemployment climbs past 20 percent.
= The stock market experiences a significant crash.
Answers
GPT-4o mini
Here are the events arranged in the correct chronological order leading to financial collapse in industries and high unemployment:
1. Consumers make large purchases on credit.
2. The stock market experiences a significant crash.
3. Bank runs contribute to the failure of financial institutions.
4. Industry declines as unemployment climbs past 20 percent.
1. Consumers make large purchases on credit.
2. The stock market experiences a significant crash.
3. Bank runs contribute to the failure of financial institutions.
4. Industry declines as unemployment climbs past 20 percent.