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Business, 07.03.2020 04:51 bunnybuge4

What contributed to the onset of the economic depression in 1929? a. Fierce competition fostered overproduction and market saturation. b. Investors purchased stocks on margin, advancing as little as 10% of the purchase price. c. As sales fell, manufacturers’ profits declined. d. Reduced consumption caused companies to downsize and layoff employees. e. All of the above contributed to the onset of the economic depression in 1929.

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