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Law Incorporation [45]
4 years ago
6

During the Hoover administration, several economic warning signs appeared. Can you name them?

History
1 answer:
Daniel [21]4 years ago
7 0
During Hoover's administration, the stock market collapsed. This was such a huge deal because people were borrowing money from the banks and putting in stock market. When the collapse occurred people were unable to repay the banks the money they took out, the banks failed.
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Explanation:

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