Question
Overproduction and underconsumption factored into causing the Great Depression by
A causing falling prices on goods.
B forcing a decrease in mechanization.
C leading to more spending than saving.
D scaring farmers into growing fewer crops.
A causing falling prices on goods.
B forcing a decrease in mechanization.
C leading to more spending than saving.
D scaring farmers into growing fewer crops.
Answers
GPT-4o mini
Overproduction and underconsumption factored into causing the Great Depression primarily by
**A. causing falling prices on goods.**
When production exceeded consumer demand, it led to surplus goods, which in turn drove prices down. Falling prices hurt businesses and led to decreased profits, layoffs, and a cycle that contributed to the economic downturn characteristic of the Great Depression.
**A. causing falling prices on goods.**
When production exceeded consumer demand, it led to surplus goods, which in turn drove prices down. Falling prices hurt businesses and led to decreased profits, layoffs, and a cycle that contributed to the economic downturn characteristic of the Great Depression.