) 3. Which of the following is NOT considered a cause of the Great Depression? A. under consumption B. stock speculation C. foreign competition D. overproduction 4. How did investors respond to the bear market in 1929, and what was the effect of this response? A. Investors put all of their money into stocks, which caused banks to fall. B. Investors bought as many stocks as possible which raised stock prices. C. Investors began buying stocks overseas, which led to a bull market. D. Investors quickly sold their stocks, which caused stock prices to lower.

## Step1<br />For question 3, we need to identify the option that is NOT considered a cause of the Great Depression. The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across the world; in most countries, it started in 1929 and lasted until the late 1930s. It was the longest, deepest, and most widespread depression of the 20th century.<br /><br />## Step2<br />For question 4, we need to understand how investors responded to the bear market in 1929 and what was the effect of this response. The bear market of 1929 was a major stock market crash that occurred in late October 1929. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its fallout. The crash signaled the beginning of the Great Depression, a period of economic downturn that lasted for about a decade.