In the late 1920s, the US faced economic challenges due to overproduction in agriculture and industry, leading to the stock market crash of 1929 and subsequently, the Great Depression.
Economic issues that plagued the United States economy towards the end of the 1920s included overproduction in the agricultural sector and trouble in important industries, leading to a slipping economy poised for a crash. The stock market collapse of 1929 exposed deeper economic problems like rising inequality, declining demand, rural collapse, overextended investors, and bursting speculative bubbles, culminating in the Great Depression.
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