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Oksi-84 [34.3K]
3 years ago
5

How did consumer overspending contributed to the Great Depression?

History
1 answer:
shutvik [7]3 years ago
3 0

Answer:

Consumer spending plummeted, factories slowed down production, and companies fired workers. The wages of those still employed were cut, making it hard for people to support their families. American consumers lost their homes to foreclosure and lost (or sold) many of their possessions.

Explanation:

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