Author Question: The deepening inequality of income in the 1920s contributed to the Great Depression because a. ... (Read 51 times)

jCorn1234 · **on:** Aug 8, 2018

The deepening inequality of income in the 1920s contributed to the Great Depression because

a. the rich spent a smaller proportion of their incomes on consumption than wage earners did.
b. the working class spent far less than the wealthy on consumer goods.
c. reduced tax rates meant the government had a smaller budget with which to invest in economic recovery.
d. the wealthy paid extremely high taxes, which hindered spending.
e. None of these choices.

Question 2

A razorback was a southern term for a(n) ___________________ _.

Fill in the blank(s) with correct word