Please enable JavaScript.

Coggle requires JavaScript to display documents.

(A Flawed US Economy, Margin buying crashes the stock market, The welath…

- - - - Concept: Distribution
  - - - Richest population recieved 33 percent of all personal income
      - Most families were too poor to buy the goods being produced
      - Store owners eventually cut back their orders from factories
        
        Laid off more workers
  - - - Worldwide surplus of agricultural products drove prices and profits down.
      - Many Farmers couldn't pay off the bank loans that kept them in business
        
        Unpaid debts weakened banks and forced them to close
- - - - This meant that people started selling stocks because they were unusually high. When this happened the prices dropped and the market crashed