Questions about The Great Depression

Posted on 2014-04-01 11:42:00 in Economics by BEAU

i have this question on my review and i have 0 references to work with (textbook on the specific subject i need to learn about The Great Depression) a source for your answers would be perfect too since i have no references yet many questions about the same subject. Here is one from my review i didn't understand it seems as if there are two answers or they are trying to make me think something than i believe.. if you catch my drift







All of the following were reasons that many Americans lost their wealth and savings, contributing to the Great Depression, except ___________.



a. wealthy investors lost their savings when the value of stocks plunged, eventually causing the Stock Market Crash.

b. banks could not keep up with the number of withdrawals and closed their doors, causing many to lose all of their savings.

c. buying on credit in the 1920s had led to the accumulation of high debt and the inability to demand goods from producers.

d. the Dust Bowl wiped out entire harvests causing American farmers to lose their wealth.

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