Great Depression
Snemalna Knjiga Besedilo
- There were a mass production of goods. However, only the highest classes could afford them
- 5% of the wealthiest classes received 33% of the nation’s income.
- I know, at this rate profits will fall and poverty rates will increase.
- The US is the prime exporter and supplying Europe with almost all their commodities.
- This debt set the stage for the Great Depression
- Not for long, the banks cant pay back European Governments
- Stock prices have crashed, my business is gone.
- Stack market crash crippled the economy because investors and businesses put their money in the stock
- Why don't we have any money?
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