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Scilla [17]
2 years ago
7

Which statement explains why "excessive use of credit" was a cause of the Great Depression? (1 point)

History
1 answer:
Mashutka [201]2 years ago
5 0

Answer: Excessive use of credit was one of the causes of the Great Depression.

From the options provided, Borrowing money based on the belief that default was an option led people to lie on loan applications which in turn contributed to the Great Depression of 1929

Explanation:

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