#1 farmers piled up debt, over produced food causing prices to fall.
industry produced more than was bought, many items bought on credit
disparity in wealth; few getting wealthy and not spending enough to match the production output
<span>prices declined, people panis and sold stock and took money out of the banks
</span>#2 in beginning, had a hands-off policy
then adopted a volunteerism policy but business and labor did not work together
local and state governments did not have resources to help people on a local level
created RFC to get loans to businesses but funds did not trickle doen to citizens
unemployment and homelessness high
<span>Hoover did not reaction quickly enough and relied too much on local, state, and private efforts to fix the economic problems
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Merry Christmas!
Answer:
No food for them to eat
Explanation:
Only 60 of 500 colonists survived the period, now known as “the starving time.” Historians have never determined exactly why so many perished, although disease, famine (spurred by the worst drought in 800 years, as climate records indicate), and Indian attacks took their toll.
Answer:
B. It was being used as a showpiece of capitalism.
