Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

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.