Which of these was a reason for the collapse of the American economy which led to the Great Depression
2 answers:
The boom of the 1920's rested on a weak foundation since the prosperity was not enjoyed by all economic groups.
Answer:
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.
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