All of the following were causes of the Great Depression EXCEPT(2 points)

Question

Responses

European countries inability to pay their debts.
European countries inability to pay their debts.

Depressed precious metal prices.
Depressed precious metal prices.

Overproduction in factories and on farms.
Overproduction in factories and on farms.

Poor banking practices.

Answer 1

All of the following were causes of the Great Depression EXCEPT:

Depressed precious metal prices.

While the other options listed are well-documented contributing factors to the Great Depression, depressed prices of precious metals did not play a significant role in the causes of the economic crisis during that time.