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Which of these was not true about the Great Depression? a. People bought stocks on credit,...

Which of these was not true about the Great Depression?

a.

People bought stocks on credit, and when the value of the stock dropped, the people not only lost their down payment on the stock, but were in debt for the amount that they had not paid their broker yet.

b.

Overproduction led to a surplus of goods, which led to a drop in prices and a subsequent drop in business income.

c.

When workers were laid off, it made the surplus worse because now there were even fewer people with the ability to buy products.

d.

Banks closed throughout the country because people tried to take all their money out at once, and the banks didn’t have enough money to give every customer their entire balance all at once.

e.

The resulting hard times forced a change in Inauguration Day from its original date of January 20th to a new date of March 4th.

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Solution (e) The resulting hand times forced a change in inauguration day from its original dates of January 20th to a new da

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