mruiz00
mruiz00 mruiz00
  • 07-04-2017
  • History
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What major weaknesses had appeared in the American economy by 1929?

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jackyy722
jackyy722 jackyy722
  • 07-04-2017
Major weaknesses that appeared in the American economy is that the stock market crashed. This was because there was a rapid growth of bank credit and loans in the U.S. and also because Americans were encouraged that the stock market was a one-way bet. 
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