Question

What was an effect of businesses becoming less profitable in the late 1920s?

Business stock values decreased.
Consumers bought more goods.
Farmers bought more machinery.
Banks forgave loan debts.

Answer 1

The stocks described in value due to the economy falling

Answer 2

Answer: People held on to their stocks, hoping for profits.

People began questioning the value of the stocks they owned.

Businesses refused to sell their company stocks.