Question

The Great Depression was caused by not enough people spending money to boost the economy as well as production being at an all-time low.

a. True
b. False

Answer 1

True. This was a time of America's economic down fall were inflation rates were at a continuous increasing rate. This in effect made people's buying power at very low rates and the production of products was either put to a stop or were minimal because the demands were not big enough for mass production.