Question

the great depression was a severe, long - term down - turn in the economy that had many causes. determine the order in which each event contributing to the great depression occurred. move the events into the blank boxes in sequence. events: the stock market collapses. consumers cut back dramatically on spending and businesses sharply reduce production. the stock market rises to dangerously high levels. confident investors borrow money to buy stock. unemployment rises to record levels.

Explanation:

1. First, overconfident investors borrowed money to buy stock, driving demand that inflated stock prices.
2. This speculation caused the stock market to rise to dangerously high, unsustainable levels.
3. The inflated market collapsed when the bubble burst, triggering the start of the crisis.
4. After the crash, consumers cut spending and businesses reduced production due to economic fear and loss of wealth.
5. Reduced production led to massive layoffs, pushing unemployment to record levels.

Answer:

1. Confident investors borrow money to buy stock.
2. The stock market rises to dangerously high levels.
3. The stock market collapses.
4. Consumers cut back dramatically on spending and businesses sharply reduce production.
5. Unemployment rises to record levels.