Question

Which statement best explains how manufacturers contributed to the economic slowdown that led to the Great Depression? a They were overproducing goods. b They were not meeting consumer demands. c They were charging high prices for their products. d They were unable to pay back loans borrowed from banks.

Answer 1

Answer:

Letter a is correct. They were overproducing goods

Explanation:

With the economic growth in the USA, the 1920s was a decade marked by a euphoria of consumption, from that came a rampant consumerism due to the ease of obtaining credit. Thus increasing industrialization increased and worker productivity also increased, but wages did not increase at the same rate as the economy, which generated an overproduction of goods that could not be consumed and absorbed by the economy, which generated the great depression.