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Question about 1929 Crisis: in the United States of America and the World: Review

History

Originais Teachy

1929 Crisis: in the United States of America and the World: Review

Hard

(Originais Teachy 2023) - Question Hard of History

What was the main cause of the 1929 Crisis in the United States and what were its consequences for the country and the world?
a.
The main cause of the 1929 Crisis in the United States was the decline in agricultural production and the lack of food for the population.
b.
The main cause of the 1929 Crisis in the United States was industrial and agricultural overproduction, which resulted in an excess supply and price decline, leading to decreased profits and increased unemployment. The consequences included business bankruptcies, the fall of the New York Stock Exchange, reduced international trade, and the spread of the crisis to other countries.
c.
The main cause of the 1929 Crisis in the United States was the protectionist policy adopted by the American government, leading to trade conflicts with other countries.
d.
The main cause of the 1929 Crisis in the United States was financial speculation and manipulation of stock prices on the New York Stock Exchange.
e.
The main cause of the 1929 Crisis in the United States was the lack of investment in technology.

Answer sheet:

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