Which of the following is blamed for the lack of increased business in

Which of the following is blamed for the lack of increased business investment spending on new factories and machinery during the 1930s?

(a) The new presence of government’s large-scale economic activity caused business to lose some of its former confidence.
(b) The general outlook stressed caution.
(c) A much lower rate of population growth and family creation depressed the housing market.
(d) All of the above.

ANSWER

(d)