What contributed to the economic decline of the United States in the late 1920s and the 1930s?.
2 answers:
Risky investment practices contributed to the economic decline of the United States in the late 1920s and the 1930s.
<h3>What was the economic decline of the United States?</h3>
The economic decline was the period of the great depression in the United States.
The causes of economic decline were:
The 1929 stock market meltdown. The stock market in the United States had a remarkable expansion in the 1920s. Panic in the banking sector and monetary contraction This is the gold standard. International financing and tariffs have been reduced.
Thus , these are the reasons for the economic decline of the United States in the late 1920s and the 1930s.
Learn more about the economic decline, here:
brainly.com/question/2169786
Credit was a new thing, banks didn’t have the money for loans, to much production and not enough consumers (inflation)
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