What caused the great depression, Business Management

The business boom of the 1920s made people overly confident thus; they invested their money in risky stocks and deals. In addition, banks made careless loans and soon failed when people could not pay them back. Third, businesses formed more goods than were wanted and they could not sell or make a profit. Lastly, human workers / jobs were becoming changed by machines and people could not find work.

 

Posted Date: 4/1/2013 2:41:09 AM | Location : United States







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