What two developments of the 1920s are considered underlying causes of the 1930s depression?

This question is incomplete, here´s the complete question.

What two developments of the 1920s are considered underlying causes of the 1930s depression?

a)  Red Scare and Bonus Army  

b) recession and trade deficit  

c) overproduction and excessive speculation  

d) union strikes and wage-price spiral

c) overproduction and excessive speculation.

Explanation:

Throughout the 1920s, banks engaged in speculation buying, using investors' funds to buy stocks.

When consumer spending started to decline in the spring of 1929, manufacturers faced strong overproduction that led to an excess of goods and a slowdown in production.

However, stock prices kept rising until the stock market reached its peak and then it started crashed. By then, people rushing to withdraw their funds from the banks found they could not be repayed.

considered the turning point in pacific war. the japanese tried to lure the american navy out so it could be destroyed but failed. the americans were led by admiral chester nimitz. the victory by america would put them on the offensive for the remainder of the war.

answer: are there any

explanation: