which of the following best summarizes american economic issues at the end of the 1920s? overproduction, too…

which of the following best summarizes american economic issues at the end of the 1920s? overproduction, too many credit purchases, stock speculation, and bank failures a decrease in credit to consumers, overproduction, stock speculation, and bank failures underproduction, too many credit purchases, stock speculation, and bank failures overproduction, too many credit purchases, stock speculation, and powerful banks

which of the following best summarizes american economic issues at the end of the 1920s? overproduction, too many credit purchases, stock speculation, and bank failures a decrease in credit to consumers, overproduction, stock speculation, and bank failures underproduction, too many credit purchases, stock speculation, and bank failures overproduction, too many credit purchases, stock speculation, and powerful banks

Answer

Brief Explanations:

At the end of the 1920s in America, over - production led to a surplus of goods. Excessive credit purchases inflated demand artificially. Stock speculation was rampant, and when the bubble burst, it led to bank failures as banks had large investments in the stock market and also faced runs from depositors. A decrease in consumer credit is not correct as there was an over - extension of credit. Underproduction is incorrect as there was overproduction. Powerful banks is incorrect as many banks failed.

Answer:

overproduction, too many credit purchases, stock speculation, and bank failures