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History, 26.01.2022 01:40 alicegirl5133

How did less spending by consumers impact economic conditions in the United States during the 1930s? Businesses lost money and laid off more workers, who now had less money to spend. Savings in banks increased as people started to prepare for worsening economic conditions. Economic programs for citizens increased as they paid more in taxes to local, state, and federal governments. More products became available to consumers as manufacturers tried to produce goods consumers wanted.

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How did less spending by consumers impact economic conditions in the United States during the 1930s?...
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