#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:
Egypt, civil war, effects of arab spring
Explanation:
I searched this up 3 hours after you posted l m a o. got one wrong tho but those are correct lol
Answer:
Overproduction was one of the main causes because people were producing so many resources that the demand for them went down. Because there was no longer high demand, prices went down which ultimately weakened the economy of the United States.
Explanation:
They migrate due to altitudes during different times of the season
Answer:
the answer is d) all above
