Question

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.

Answer 1

The problem ask on which of the following among the choices is on of the reason that more people didnt foresee the economic collapse of the 1930s and the answer would be letter A. few people understood the risk involved with buying stock on the loan