What is one reason that more people didn't foresee the economic collapse of the 1930s?

a. Few people understood the risks involved with buying stock on loan.

B. The signals of economic slowdown did not appear to be serious to economists or politicians.

C. Politicians, economists, and investors had a limited amount of economic data available to them at the time.

D. The press focused its attention on the successes from Wall Street rather than true state of the economy.

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History

Valentin Holland

4 September, 14:26

What is one reason that more people didn't foresee the economic collapse of the 1930s?

a. Few people understood the risks involved with buying stock on loan.

B. The signals of economic slowdown did not appear to be serious to economists or politicians.

C. Politicians, economists, and investors had a limited amount of economic data available to them at the time.

D. The press focused its attention on the successes from Wall Street rather than true state of the economy.

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Landen Branch · Answer 1

One reason that more people didn’t foresee the economic collapse of the 1930s was because " a. Few people understood the risks involved with buying stock on loan," since it primarily an inflation of stock prices that led to the Crash of 1929.