Question

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

Answer 1

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

Answer 2

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.