#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!
In the early twenty-first century, bands such as Fall Out Boy developed a musical style called<u> Garage Rock</u> characterized by sentimental lyrics.
B. They left for California in hopes of starting a new life
Western democracies had always been hostile to the idea of a communist state. The United States had refused recognition to the USSR for 16 years after the Bolshevik takeover. I hope my answer has come to your help. God bless and have a nice day ahead!
