Despite the booming business activity of the 1920s, the economy showed some weaknesses. One of these weaknesses was

the increase of taxation and government spending

in the agricultural sector

the excessive restriction on borrowing by the Federal Reserve

a decline of consumer demand

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History

Carina Ayers

12 November, 21:28

Despite the booming business activity of the 1920s, the economy showed some weaknesses. One of these weaknesses was

the increase of taxation and government spending

in the agricultural sector

the excessive restriction on borrowing by the Federal Reserve

a decline of consumer demand

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Answers (1)

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Mayo · Answer 1

One of these weaknesses during this time was "i n the agricultural sector," since during this time consumer demand of many farm goods dropped, which brought down prices.

Despite the booming business activity of the 1920s, the economy showed some weaknesses. One of these weaknesses wasthe increase of taxation and government spendingin the agricultural sectorthe excessive restriction on borrowing by the Federal Reservea decline of consumer demand

Despite the booming business activity of the 1920s, the economy showed some weaknesses. One of these weaknesses was

the increase of taxation and government spending

in the agricultural sector

the excessive restriction on borrowing by the Federal Reserve

a decline of consumer demand