victoria30universe victoria30universe
  • 15-03-2020
  • History
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Explain how overproduction of goods in the 1920s contributed to the Great Depression.

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backbaby0914
backbaby0914 backbaby0914
  • 15-03-2020

Answer:

A main cause of the Great Depression was overproduction. Factories and farms were producing more goods than the people could afford to buy. ... 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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