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History, 16.01.2020 06:31 hoperodriguez3111
Which fact is the best piece of supporting evidence that overproduction and falling prices was a cause of the great depression?
a) in 1930 over 1,350 banks closed and customers lost all their savings.
b) the unemployment rate in 1929 was 3.2% and by 1933 there was a 25% unemployment rate.
c) in 1920 a bushel of wheat sold for $2.94, in 1929 it sold for $1.00 and by 1932 a bushel sold for .30 cents.
d) the stock market's dow average dropped over 23% over a two day period in october of 1929 and lost 90% of it's value by 1932.
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