Which of the following was a cause of the great depression? a. too much debt incurred by credit buying c. war destroyed the economy b. raising of the taxes d. people were afraid to spend money and the economy stalled

The correct answer is A) too much debt incurred by credit buying.

Too much debt incurred by credit buying was a cause of the Great Depression.

The United States stock market crash of October 1929 started the period called the Great Depression in the United States. After the stock market crash, American citizens lost their jobs, many companies had to close, and banks went into bankruptcy. This period was the worst economic moment for people in the United States. Citizens blamed President Hebert Hoover because he practically did nothing to help them to overcome the difficult situation.

on this day in 1913, henry ford installs the first moving assembly line for the mass production of an entire automobile. his innovation reduced the time it took to build a car from more than 12 hours to two hours and 30 minutes.