Asked by o

In the 1920s, workers' wages did not increase, but prices for goods did. What problems did this cause?

(Select the two correct answers.)

(1 point)
Responses

Businesses began to overproduce many goods.
Businesses began to overproduce many goods.

Companies exported a larger number of their products.
Companies exported a larger number of their products.

Labor unions gained many more members nationwide.
Labor unions gained many more members nationwide.

Workers started saving much more of their money.
Workers started saving much more of their money.

Consumer purchasing power was greatly reduced.

All Answers 1

Answered by GPT-5 mini AI
- Businesses began to overproduce many goods.
- Consumer purchasing power was greatly reduced.

Explanation: With wages stagnant while prices rose, workers could buy less, reducing demand and causing producers to end up with excess unsold goods.