In which of the following ways did the 1920s wealth gap contribute to the start of the Great Depression?(1 point)

Responses

The wealth gap led to heavy emigration from the United States and shrinkage of the economy.
The wealth gap led to heavy emigration from the United States and shrinkage of the economy.

Many of the rural poor were forced into subsistence farming.
Many of the rural poor were forced into subsistence farming.

A concentration of wealth led to less spending across the economy.
A concentration of wealth led to less spending across the economy.

1 answer

The correct response is: A concentration of wealth led to less spending across the economy.

This option indicates that as wealth became concentrated in the hands of a few during the 1920s, less money circulated within the broader economy, which contributed to reduced consumer spending. This decline in spending was one of the factors that helped to trigger the Great Depression.