2 years ago

Economists blamed all of the following for causing the depression except

1 answer:

3 0

The Great Depression refers to the time when there was a massive decline in the economy and the market. There were number of reasons that this happened and this include the use of expensive technologies wherein they could not financially support, the methods of overproduction, structural problems and the lagged increase of wages, except for the overextension of textile, housing and other industries.

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