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Which of the following is NOT considered one of the underlying causes of the Great Depression?
  • a)
    Overproduction and overexpansion of industries
  • b)
    Excessive borrowing and credit expansion
  • c)
    Global economic cooperation and coordination
  • d)
    Speculative stock market practices
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which of the following is NOT considered one of the underlying causes ...
Global economic cooperation and coordination are not considered one of the underlying causes of the Great Depression. In fact, a lack of international cooperation and the implementation of protectionist policies by many countries contributed to the severity and duration of the economic downturn.
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Which of the following is NOT considered one of the underlying causes of the Great Depression?a)Overproduction and overexpansion of industriesb)Excessive borrowing and credit expansionc)Global economic cooperation and coordinationd)Speculative stock market practicesCorrect answer is option 'C'. Can you explain this answer?
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