Answered

Which of the following factors perpetuated the Great Depression?

A. Overproduction of goods during World War I.
B. An alliance with Germany during World War I.
C. Lack of machinery following World War I.
D. Lack of banks in the Western states.



Answer :

GinnyAnswer

Final answer:

Overproduction of goods, Hawley-Smoot Tariff Act, Debt payments and war reparations played significant roles in perpetuating the Great Depression.


Explanation:

Overproduction of goods during World War I played a significant role in perpetuating the Great Depression. The excessive output led to a surplus of goods that could not be sold, causing prices to drop, profits to decline, and unemployment to rise.

Hawley-Smoot Tariff Act exacerbated the situation by raising tariffs to protect American products, which resulted in reduced international trade and further economic decline.

Debt payments and war reparations from World War I placed immense financial strain on countries like Germany, contributing to the economic struggles during the Great Depression.


Learn more about Great Depression here:

https://brainly.com/question/29771180


Other Questions