4 years ago

Describe two weaknesses in the economy in the 1920s

1 answer:

8 0

1. Unequal distribution of wealth. There was not a large middle class. While wages were rising for the majority of workers, they were not keeping pace with the increase in the cost of living or the wealth in the hands of the industrialists and others in the upper income classes. 
2. There was over speculation in the Stock Market, which was not regulated.

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