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Progress and Poverty
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Chapter 1: The Primary Cause of Recurring Paroxysms of Industrial Depression.
Question 1 of 3
What does George identify as the main cause of recurring industrial depressions?
A
Overproduction of manufactured goods alone
B
The speculative advance in land values, which pushes the margin of cultivation beyond its normal limit and checks production
C
Excessive government spending
D
A permanent shortage of gold and silver currency
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