Which of these is one reason the great depression began?
a. not enough credit use
b. too many crash transactions c. underspending
d. too much speculation

Overspending is one of the reason of great depression initiation.

Further Explanations:

Most of the European nations tried to increase their production to pre-war levels but were hindered by the loss of the market for finished goods. They quickly imposed tariffs on foreign exports, encouraging the citizens to purchase goods made by native industries. Protectionism, Congressional tariffs, and speculation further contributed to the stock market breakdown of the United States, and the constant decline in the buying of shares and selling off the shares they owned at a very low worth. By 1933, most of Europe and the USA were in the clutches of the Great Depression, leaving behind many unemployed.

The United States was having the moneymaking and prosperous economy prior to the war year’s era with industrial production at its maxim peak. During 1917, the USA emerged as the foremost financier of the war. The shattering effects of the war exhausted the economy of Britain and France completely. They obtained loans from American banks to reconstruct their economy but were unable to repay it on time that resulted in the fall of American Currency.

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Answer Details  

Grade: High School

Subject: History

Chapter: The Great Depression

Keywords:

United States, industrial, production, Britain, and France, American, Currency, European nations, Protectionism, Congressional tariffs, speculation, Great Depression

1.a)britain

2.b)spain

3.c)french

4.d)portugal

explanation: