Back to Questions
Want to know:
1920's big profits mostly went to the wealthy class, not farmers and workers. They reinvested this $$ back into their businesses.The result was OVERPRODUCTION and UNDERCONSUMPTION (aka "deflationary cycle")Bottom class barely making $$ and not able to afford to buy goods, or buy only on credit, which is not good.
Get a detailed, AI-powered explanation for this question and thousands more on StudyFetch.
Get the Answer for FreeHow StudyFetch Helps You Master This Topic
AI-Powered Answers
Get instant, detailed explanations powered by AI that understands your course material.
Deep Understanding
Go beyond surface-level answers with step-by-step breakdowns and examples.
Personalized Learning
Spark.E adapts to your learning style and helps you connect ideas.
Practice & Test
Turn any question into flashcards, quizzes, and practice tests to solidify your knowledge.
Explore More Questions
- What do we call early human fossils with cultural artifacts that indicate the presence of all modern behaviors?
- Congress use federal lands to subsidize the construction. Legislative efforts that resulted in led to the successful completion of the transcontinental railroad. Reduced the trail time across the continent from several months to one week and is considered one of the greatest technological achievements of the 19th century.
- economic state of British Empire after French and Indian war