Do you think most people perceived the underlying problems in the economy? Why or why not?

the stock market-black tuesday oct 29 1929

-the situation of farmers-demand for food goes down after WWI, prices went down, farmers over produced, could not pay back loans and land was lost

-banks and businesses- loans not paid back and banks failed, people began spending less on consumer goods

-personal income and debt-income gap between rich and poor increased.

-stocks bought on margin

-speculation

-holly smoot tariff: made GD worse

Explanation: Don't like my answer? Let me know!

answer; i believe its a

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