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Dmitrij [34]
3 years ago
13

How did income inequality in the 1920s contribute to the Great Depression?

History
2 answers:
tia_tia [17]3 years ago
5 0

Answer:

Explanation:

Millions of farmers defaulted on their debts, placing tremendous pressure on the banking system. Between 1920 and 1929, more than 5,000 of the country's 30,000 banks failed. ... A poor distribution of income compounded the country's economic problems

dem82 [27]3 years ago
3 0

Answer:

Millions of farmers defaulted on their debts, placing tremendous pressure on the banking system. Between 1920 and 1929, more than 5,000 of the country's 30,000 banks failed. A poor distribution of income compounded the country's economic problems.

Explanation:

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