weaknesses in US economy 20's
- Created by: clarepackard
- Created on: 21-10-14 17:50
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- weaknesses in the US economy by the late 1920's
- exports & foreign competition
- banks unregulated
- weaknesses in the US economy by the late 1920's
- exports & foreign competition
- weaknesses in the US economy by the late 1920's
- credit industry
- existing industry weakness
- inequality
- competition from Canadian grain growers
- coal & textile industries >> less demand b/c alternatives - electricity/ rayon
- people borrowing heavily to speculate on the stock market
- producing too many goods/ everyone who could buy - had already bought!
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