Which group best describes the steps by which the American economy went from
prosperity to depression in the late 1920s?
Group A:
• Factories switch from war to consumer production.
People invest heavily in the stock market.
Stock market crashes.
Banks and businesses fail.
• People lose their jobs.
.
Group B:
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Companies compete for bigger and bigger loans.
Banks charge very high interest rates.
People invest wildly in the stock market.