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Summarize the causes of the global economic instability that emerged in the 1920s.(1 point)
Responses
Global economic instability during the 1920s was caused by the overproduction of the Ford Model T car, which weakened the stock market.
Global economic instability during the 1920s was caused by the overproduction of the Ford Model T car, which weakened the stock market.
Global economic instability during the 1920s was caused by the rise of communism in Europe, which led to political unrest that weakened the stock market.
Global economic instability during the 1920s was caused by the rise of communism in Europe, which led to political unrest that weakened the stock market.
Global economic instability during the 1920s was caused by unequal wealth distribution and high levels of debt that weakened the stock market.
Global economic instability during the 1920s was caused by unequal wealth distribution and high levels of debt that weakened the stock market.
Global economic
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Correct answer: "Global economic instability during the 1920s was caused by unequal wealth distribution and high levels of debt that weakened the stock market."
Brief explanation: Wealth was concentrated among a small share of the population while many consumers used credit to buy goods, creating underconsumption. Excess production in agriculture and manufacturing, widespread stock-market speculation, and high consumer and international debts (plus protectionist tariffs) made the economy fragile and helped trigger the 1929 crash and global depression.
Brief explanation: Wealth was concentrated among a small share of the population while many consumers used credit to buy goods, creating underconsumption. Excess production in agriculture and manufacturing, widespread stock-market speculation, and high consumer and international debts (plus protectionist tariffs) made the economy fragile and helped trigger the 1929 crash and global depression.
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