History, asked by subramanyamt8180, 1 year 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

Similar questions