history wall street crash.
- Created by: scarlettfrazer97
- Created on: 23-11-15 18:01
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- wall street crash
- over-production
- companies were making more consumer goods than they could sell making prices to fall and unemployment to rise.
- Unequal distribution of wealth
- In the 1920's the rich got richer and the poorer got poorer.
- High import tariffs.
- Countries outside the US made American products too expensive to buy anywhere else so there was nowhere to sell to.
- Speculation on the stock market
- inexperienced people invested in the shares. Once companies started to fall in value panic selling began
- over-production
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