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Which of these practices contributed to the Great Depression in the United
States?
O A. Many Americans quit their jobs because the government enacted
social Welfare programs.
O
B. Americans invested and spent beyond their means by taking out
large loans.
O
C. Automobile factories produced only as many cars as the
government authorized.
O
D. Factories produced fewer goods in order to maintain a high
demand.

Respuesta :

Answer:

B [Apex]

Explanation:

Many Americans took out large loans from banks to invest in the stock market. When the bank asked for the loans to be payed back immediately, many Americans could't pay them back, so they withdrew from the stock market all at once, which caused the stock market to crash.

Tutorconsortium330

Americans invested and spent beyond their means by taking out large loans, this was one of the reasons of the Great Depression.

What was the Great Depression?

  • The United States went through one of its worst economic downturns in history from 1929 to 1939.
  • Following the 1929 stock market crisis, there were several bank failures and significant unemployment rates during the ensuing ten years.
  • Along with losing their houses and belongings, many often lost their employment.
  • Many of those who were fortunate to keep their employment made just enough money to get by.
  • The agricultural market crashed and the value of money steadily fell. Nationwide panic broke out, upending people's lives.

What were the causes of the Great Depression?

Following are some of the causes of the great depression:

  • Stock market crash of 1929
  • Oversupply and overproduction problems
  • Low demand, high unemployment
  • A restrained response from the president

Learn more about the Great Depression here:

https://brainly.com/question/3675835?referrer=searchResults

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