asked 165k views
5 votes
Which industry suffered from overproduction during the early 1920s?

a. automobile
b. agriculture
c. housing
d. household goods

2 Answers

3 votes
If my memory serves me well, b. agriculture industry suffered from overproduction during the early 1920s.
answered
User BertNase
by
8.4k points
5 votes

I believe the answer is: b. agriculture

In the 1920s, the national banks made it far too easy for people to obtain loan to buy lands that is used for agricultural purposes. This made the supply of the agricultural product to far surpassed the demand, which become one of the things that contribute to the economic crisis in 1920s.

answered
User BraveButter
by
8.2k points
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