<span>This is formally known as a deflationary depression. that is the answer</span>
Answer
Overproduction and under-consumption factored into causing the Great Depression by causing falling prices on goods.
Explanation
when we talk about over production this means that goods and services are being produced at a very high rate causing the accumulation of unused products and services. it may be caused by improved techniques and growth in technology. A good example is in farming where due to improved techniques, farmers are able produce a lot of harvests. This may may lead to economy of the country collapsing.
under-consumption is a state where the purchase or the consumption of goods and services is lower than the production and supply.Meaning that there is shortage of consumers.
Explanation:
settlementwjejejwhwhwhwhwhe
Answer: The United States presidential election of 1932 took place as the effects of the 1929 Wall Street Crash and the Great Depression were being felt intensely across the country. President Herbert Hoover's popularity was falling as voters felt he was unable to reverse the economic collapse, or deal with prohibition. Franklin D. Roosevelt used what he called Hoover's failure to deal with these problems as a platform for his own election, promising reform in his policy called the New Deal. Roosevelt won by a landslide, and this "critical election" marked the collapse of the Fourth Party System or Progressive Era. The voters soon were realigned into the Fifth Party System, dominated by Roosevelt's New Deal Coalition.
Explanation:
