Answer:
A general drop in quality of life, massive job loss, shortage of <em>many</em> foods, and several other economical issues.
Explanation:
Pro tip: Mention the crash of the stock market, that was the major reason for an increase of prices.
The answer to the question above is water-powered machinery requires continuous running water for it to work. While steam-powered machinery requires water to produce steam, it is still different and advantageous compared to water-powered because it does not require continuous running water.