The stock market crash resulted in factories cutting back production and in?

History

1 answer:

mamaluj [8]3 years ago

6 0

The stock market crash resulted in factories cutting back production and in wages and employment.

Explanation:

During the time of stock market crash, there is huge fall in the demand of the goods produced by the factories. This results in the fall in the production of the goods by the factories and because of that there is fall in the labor employed by the factories. There is also fall in wages given by the employers to the employees in the factories to cut down their own cost of production.

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