Asked by km
What trend contributed significantly to the Great Depression in the United States?
A.
increasing income inequality
B.
decreasing industrial production
C.
an increasing population growth rate
D.
a decreasing inflation rate
A.
increasing income inequality
B.
decreasing industrial production
C.
an increasing population growth rate
D.
a decreasing inflation rate
Answers
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Answered by
GPT-4o mini
The trend that contributed significantly to the Great Depression in the United States was:
**A. increasing income inequality**
While other factors such as decreasing industrial production and various economic issues played a role, increasing income inequality was a major underlying factor that exacerbated the economic downturn. The disparity in wealth limited consumer spending, which is essential for economic growth.
**A. increasing income inequality**
While other factors such as decreasing industrial production and various economic issues played a role, increasing income inequality was a major underlying factor that exacerbated the economic downturn. The disparity in wealth limited consumer spending, which is essential for economic growth.
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