Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

How did falling demand contribute to the outbreak of the great depression

Sagot :

jashae
 Falling demand leads to falling prices, and less production, which leads to a deflationary cycle that spirals out of control. It actually started when agriculture commodities (wheat, corn, beef etc) was over supplied. Followed by an artificially inflated housing market which collapsed when the market corrected.