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Which of these is one reason the Great Depression began? A. Too many investments B. Too little speculation C. Not consuming enough D. Too much credit use
One of the reasons why the Great Depression began is option D. Too much credit use. The Great Depression began in August 1929. Borrowing was encouraged to buy stocks, in the stock market. The stock market crashed, and many banks closed. Then came a decade of high unemployment, low profit, deflation and a loss of confidence in the economic future.
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