What is one reason that more people didn’t foresee the economic collapse of the 1930s?
A: Few people understood the risks involved with buying stock on loan.
B: The signals of economic slowdown did not appear to be serious to economists or politicians.
C: Politicians, economists, and investors had a limited amount of economic data available to them at the time.
D: The press focused its attention on the successes from Wall Street rather than true state of the economy.

The reason of the economic collapse in the 1930s was that a few people understood the risks involved with buying stock on loan.

What is the economic collapse?

The economic collapse of the 1930s is also known as the great depression. This is defined as then overall decrease in the economic level. The recession phase of the economic phrase defined that there was the great declining in the aggregate economy.

The cause for the Great Depression in the 1930s was that just a few people realized the dangers of borrowing money to buy shares.

Therefore, option A is correct.

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