There were several warning signs that appeared during the Coolidge and Hoover administrations that pointed to an economic crisis. Two of these warning signs are:
1) Agricultural overproduction: During the 1920s, farmers were increasing their production of crops such as wheat and cotton, which led to a surplus of these crops in the market. As a result, prices for these crops fell, and many farmers were unable to earn a living. This overproduction in agriculture was a warning sign that the economy could not sustain itself.
2) Stock market speculation: During the 1920s, there was an increase in stock market speculation, which meant that individuals were buying stocks with the hope that the prices would rise, and they could make a profit. However, this speculative buying created a bubble that could not be sustained, and when the stock market crashed in 1929, it led to the Great Depression. This speculation in the stock market was a warning sign that the economy was unstable.
during the coolidge and hoover administrations, several warning signs appeared that pointed to an economic crisis. Name at least two of these warning signs
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