which of the following was a sign of an unsound econonmy during the 1920s?

Question

answers:
1) personal debt was decreasing
2) wages were keeping pace with production
3) more goods were being produced than consumers coul buy
4) the dow jones industrial average was steady

Answer 1

3

Answer 2

3 and that would be refering to agriculture. The great depression hit agriculture 10 years before the rest of the country because during WWI we asked the farmers to grow more food because we had to feed Europe. So farmers took out loans to buy more crops to grow. for a few years they were very productive and made a lot of money but then the war ended and Europe started to feed itself and we had a surplus of food. That made the prices go down which caused many farmers to lose their farms through foreclosure. Then the banks started to close and we enter the great depression.

Answer 3

my guess is 4, but this is a lousy question.