Multiple choice. Read the list and answer the question.

Question

•unequal distribution of income.
•over taxation of consumer credit.
•overproduction of consumer goods.

How did these factors affect the economy at the beginning of the great depression?

A) they led to the failure of many monopolies, helping the economy become more competitive
B) they helped people purchase necessary goods reducing impact of economic decline
C) they caused the stock market to crash, leading to bank failures and personal bankruptcies.
D) they reduce demand for manufactured goods, leading to Layoffs and high unemployment

Answer 1

D) they reduce demand for manufactured goods, leading to Layoffs and high unemployment