Combination of Factors 1)the productive capacity of the nation was greater than its capacity to consume 2)easy credit policies had led to an inordinate (过度的)expansion of credit 3)agricultural depression,industrial unemployment,and concentration of wealth and power in many great corporations 4)the American government insisted that all of its wartime loans to European nations be repaid in full,but its tariff policies greatly reduced the sale of European goods in AmericaCombination of Factors • 1) the productive capacity of the nation was greater than its capacity to consume • 2) easy credit policies had led to an inordinate (过度的) expansion of credit • 3) agricultural depression, industrial unemployment, and concentration of wealth and power in many great corporations • 4) the American government insisted that all of its wartime loans to European nations be repaid in full, but its tariff policies greatly reduced the sale of European goods in America