History, asked by subramanyamt8180, 11 months ago

For history we are debating on what is the main cause of the Great Depression and we got “Because of Overproduction”
please help me on a clear explanation or bullet points of why is Overproduction the main cause of the Great Depression?

Answers

Answered by Anonymous
0

Because factories and farms were producing more than what people couyld get, there was no need for many workers at the time. They would be laid off as a result. Prices for farm products also fell, as a result, farmers could not pay off bank loans and many lost their farms due to foreclosure

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