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Luda [366]
3 years ago
12

How did under consumption lead to the stock market crash of 1929 and the Great Depression ?

History
1 answer:
Agata [3.3K]3 years ago
7 0

Answer:

Down below!

Explanation:

Underconsumption asserts that consumption of less than is produced is caused by insufficient purchasing power and results in business depression. ... Keynes advocated increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the depression

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