Read the list and answer the question. Unequal distribution of income Overextension of consumer credit Overproduction of consumer goods How did these factors affect the economy at the beginning of the Great Depression? (1 point) Responses They caused the stock market to crash, leading to bank failures and personal bankruptcies. They caused the stock market to crash, leading to bank failures and personal bankruptcies. They reduced demand for manufactured goods, leading to layoffs and high unemployment. They reduced demand for manufactured goods, leading to layoffs and high unemployment. They led to the failure of many monopolies, helping the economy become more competitive. They led to the failure of many monopolies, helping the economy become more competitive. They helped people purchase necessary goods, reducing the impact of the economic decline.
