Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

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.