Affects in Great Depression
State what affect the most in Great Depression?
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In 1920s the boom in business made people overly confident therefore people invested their money in risky stocks and deals with it. In addition, banks provide careless loans and soon failed when people could not be able to repay them back. Third, businesses produced more goods than were wanted and they could not sell or make a profit. Lastly, human workers / jobs were becoming replaced by machines and people could not find work.
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When you hold a bond if the interest rate rises, you will: (w) have less money when you sell it. (x) receive more interest income. (y) gain by shifting funds to the stock market. (z) eventually spend more and save more. Discover Q & A Leading Solution Library Avail More Than 1415631 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1948267 Asked 3,689 Active Tutors 1415631 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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