Which of the following has been suggested as a cause of the Great Depression?
A)a decline in output
B)a decrease in prices
C)strong bank regulations
D)a decrease in the money supply

Question

Quizplus · Accepted Answer

A decrease in the money supply is one of the main causes of the Great Depression. The Federal Reserve, the central bank of the United States, failed to prevent a sharp contraction in the money supply, which led to a decline in consumer spending, output and employment.

Which of the Following Has Been Suggested as a Cause