Please Explain clearly how was overproduction during the Great Depression of 1929

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asked Jan 17, 2020 158k views

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Miguel Trias · Answer 1 · 2020-01-24T02:42:32+0000

Answer: Factories and farms were producing more goods than the people could afford to buy. ... Prices for farm products also fell, as a result, farmers could not pay off bank loans and many lost their farms due to foreclosure.

Please Explain clearly how was overproduction during the Great Depression of 1929

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