Answer:
By the end of the 1920's buying started to slow down. When stores that had huge amounts of goods stopped ordering from factories, the factories had to cut back. Large amounts of factory workers were laid off even before the stock market crashed. When the crash finally come, many more people lost their jobs and savings
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B (pls mark as brainliest) i think
Answer:
In the Colonial United States, just like in any other region in the pre-industrial era, the vast majority of people were farmers. The proportion of people that lived on farms was around 90 percent. Most ot these lived in small farms that they owned, especially in the Northern States and Appalachia, were large farms, plantations and slavery were rare.
A monopolistically competitive market is, by definition, constituted by a large number of firms that compete producing diferenced versions of a product. Such companies are not price-takers and they hold certain degree of power market and of control over the pricing decisions.
However, in a market that comprises so many actors in its supply side, the market power is splitted in many small units and the amount exercised by each is not very strong. Firms operating in this market structure do not have enough power to affect their rivals through their internal decisions and also not enough power to affect potential competitors and to prevent their entrance. They cannot set entry barriers to prevent the entrance of new companies in the market.
