Which of these was a reason for the collapse of the American economy which led to the Great Depression

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13 July, 04:35

Which of these was a reason for the collapse of the American economy which led to the Great Depression

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Answers (2)

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Monserrat Randall · Answer 1

The boom of the 1920's rested on a weak foundation since the prosperity was not enjoyed by all economic groups.

Dillon Lucero · Answer 2

The collapse of the American economy which led to the Great Depression is discussed below.

Explanation:

Causes of the Great Depression

The stock market collapse of 1929. Through the 1920s the U. S. stock market experienced a historic development. Banking crashes and monetary reduction. The gold standard. Reduced worldwide lending and duties. Overproduction of customer assets. Reduction in demand and the buying of consumer assets.