1. Great Depression- Causes
... equipment from industrial base that made some industries less competitive, a crisis in the farm sector in which farmers produced more than they were able to sell, the availability of easy credit, and an unequal distribution of income. The superficial wealth of the late 1920s hid troubling weaknesses that would ultimately lead to the Great Depression of the 1930s. A number of key ... further. Although many Americans appeared prosperous during the 1920s, in fact they were living beyond their means. They often bought goods on credit, an arrangement in which consumers agreed to buy now and ...
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