During the decade of the 1920s, the U.S. economy
(a) was generally healthy and gave no indication of the troubles that lay ahead regarding
the Great Depression.
(b) was relatively stagnant in terms of growth of total output with small declines in agriculture
and housing, which suggested that difficult times might lie ahead in the 1930s.
(c) experienced actual declines in overall production levels, including agriculture and housing, which suggested that even more difficult times probably lay ahead.
(d) experienced relatively rapid growth in overall output but in the late 1920s nevertheless
showed weaknesses in certain sectors such as agriculture, housing and the financial
sector, which suggested the possibility of difficult times ahead.
ANSWER
(d)
Place an order in 3 easy steps. Takes less than 5 mins.