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OpenStudy (anonymous):
Why were industrial and agricultural surpluses a problem for the US economy?
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OpenStudy (theyankee):
Surplus of crops dropped prices, meaning farmers (who were the main source of income and employment at the time) didn't get as much for their crops as they needed. Thus, they went broke, resulting in lower wages for their workers.
OpenStudy (anonymous):
thanks
OpenStudy (theyankee):
Yup :)
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