Which of the following is considered to be an early sign of the Great Depression? (1 point)
A.the increasing consumption of goods
B. U.S. passage of the Dawes Plan
C.extreme unequal distribution of wealth
D. high wages for the lower classes
C. extreme unequal distribution of wealth
The correct answer is C. extreme unequal distribution of wealth.
To determine which of the options is considered an early sign of the Great Depression, we need to have a basic understanding of the context and history surrounding that time period. The Great Depression was a severe worldwide economic downturn that occurred in the 1930s, starting in the United States. It was characterized by a collapse in stock markets, mass unemployment, deflation, and widespread poverty.
Options A, B, and D are not typically associated with early signs of the Great Depression.
Option A, the increasing consumption of goods, would not be considered an early sign because the Great Depression was marked by a decrease in consumer spending due to financial difficulties faced by the majority of the population.
Option B, the U.S. passage of the Dawes Plan, is not directly related to the Great Depression. The Dawes Plan was implemented in 1924 and aimed to provide economic stability in Europe following World War I by rescheduling reparation payments and providing loans to Germany.
Option D, high wages for the lower classes, is not typically linked to the Great Depression. During this time, wages overall saw significant decreases due to a decline in employment opportunities and widespread economic hardship.
The most accurate answer is option C, extreme unequal distribution of wealth. One of the major causes of the Great Depression was the vast disparity between the rich and the poor, with a small percentage of the population holding a disproportionate amount of wealth. This unequal distribution of wealth led to decreased purchasing power for the majority of people and contributed to the economic instability that characterized the time period.
In conclusion, option C, extreme unequal distribution of wealth, is considered to be an early sign of the Great Depression.