The answer is C) <span>The economy took a downturn because of overproduction, declining stock markets, and deflation </span>
The Panic started due to economic problems in Europe, which reached the United States and impacted the The Northern Pacific Railway company, which then had an impact on government debt and eventually the failure of several banks.
Eventually, a chain reaction was created where jobs were lost, factories shut and a surge in unemployment.
The events started from the crashing of the Vienna Stock Exchange and eventually led to economic downturn in the great British Empire and the closure of the New York Stock Exchange for 10 days. <span></span>
Yes, Ben's actions are unethical because he is CEO´s friend and through this friendship he can have privileged stock market information that other persons do not have.
