Which statement explains why "excessive use of credit" was a cause of the Great Depression?

1) Borrowing money based on the belief that default was an option led people to lie on loan applications.
2) Throughout the 1920s, warning signs of economic collapse made people reluctant to pay cash.
3) Borrowing money based on a belief that the economy would expand led people to take financial risks.
4) Throughout the 1920s, most of the population borrowed money to invest in the stock market.

answer --

  the answer is you barrow money to buy stock

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after world war ii, the united states and the soviet union were the major economic, military, and political powers. the world was bilateral multipolar bipolar unilateral

after world war ii, the united states and the soviet union were the major economic, military, and political powers. the world was bipolar.  

the great leap forward, mao zedong's plan to increase china's agricultural and industrial production, was an overwhelming success. true false

the great leap forward, mao zedong's plan to increase china's agricultural and industrial production, was an overwhelming success. true.

explanation:

hello there!

the graphics that you have attached within the question, indicates that few people in bolivia work in industry according to its labor force.

however, the graphic that is on the right side of the picture shows the gdp sector in bolivia. this gross domestic product is a macroeconomic magnitude   that shows the monetary value of all finished goods and services within a country's borders in a specific time period. in this case, the graphic is showing the monetary value in each sector -agriculture, industry and services- of bolivia in 2012.

so, although the first graphic located at the left side indicates that not so many people work in industry, this is the second most important sector according to the gdp metrics because of the monetary value that impacts on its country. it does not need to be the most valuable one. if it makes an impact on the country's economy, it will be definitely crucial to it.