How had the following areas of American economy shown a weakness before the Depression?

1 answer:

7 0

The American Economic Depression was the economic downturn in the US history. It began in 1929 and did not subside until the end of the 1930s. Read below about the weaknesses of the era.

<h3>How had the following areas shown a weakness before the Depression?</h3>

The following showed the weakness before the era;

The causes of the Depression included the stock market crash (foreign trade), bank failures (credit), and a drought (agriculture) which all lasted till the end of the 1930s. Consequently, the country experienced high unemployment, people went homeless, and nearly half of American banks closed. These aforementioned causes signaled the then forthcoming depression.

Therefore, the correct answer is given above as to the way those areas had shown the weakness before the depression.

learn more about depression: brainly.com/question/441267

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