Amajor cause of the economic depression of 1929 was

decline in consumer purchasing power.

Explanation:

A major cause of the Depression of 1929 was decline in consumer purchasing power. During the 1920s people were purchasing goods on credit though they did not really possess the long-term ability to pay for the goods they got. The gold standard was not an issue, and public works projects and government assistance programs were not a major concern until the 1930s.

all persons entering into t

he employment of the compan

y, are considered as engaged

for twelve months, and those who leave

sooner, or do not comply with all these

regulations, will not be entitled

to a regular discharge.  

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