How do most economists explain the Great Depression? A) ...

[Mimi]

Question 1

By 1929, the 200 biggest American corporations controlled nearly __________ percent of all industry.
 
  A) 15
  B) 25
  C) 50
  D) 75

Question 2

Before the1930s, the United States __________.
 
  A) had no appreciable middle class
  B) had the lowest average unemployment rate in the world
  C) provided no welfare state benefits
  D) had never experienced a significant economic downturn

Question 3

How do most economists explain the Great Depression?
 
  A) Weakness in the agricultural sector led to the Depression.
  B) Mismanagement of banks led to the Depression.
  C) There is no widely shared explanation.
  D) Poor government policies led to the Depression.

[djofnc]

Answer 1

Answer: C

Answer 2

Answer: C

Answer 3

Answer: C

[Mimi]

Thanks for the timely response, appreciate it

[frankwu0507]

Gracias!