Question

The Great Depression was caused by which of the following factors?

a. a land speculation bubble in California

b. an unequal distribution of wealth

c. an agricultural recession in the 1910s

d. stagnating sales in coal and steel after 1926

e. increased government regulation of banking and the stock market

ANS: B TOP: The Great Depression DIF: Moderate

REF: Full pp. 793794 | Seagull p. 811 MSC: Analyzing OBJ: 5. List the causes of the Great Depression and discuss the effectiveness of the governments responses by 1932.

Answer

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