71.9k views
5 votes
Which industry suffered from overproduction during the early 1920s?

automobile
agriculture
housing
household goods

User KCL
by
8.7k points

2 Answers

3 votes

Final answer:

The automobile industry suffered from overproduction during the early 1920s, leading to a surplus and a decline in prices.

Step-by-step explanation:

The industry that suffered from overproduction during the early 1920s was the automobile industry.

During this time, the production of automobiles increased significantly due to advancements in mass production techniques, such as those pioneered by Henry Ford in Detroit.

However, the increasing supply of cars eventually outpaced the demand, leading to a surplus and a decline in prices. This overproduction and subsequent drop in profits had a negative impact on the automobile industry during the early 1920s.

User Rooneyl
by
9.3k points
4 votes
it would be either a or d since both were in demand yet after the war the army wast buying as many automobiles and they couldn't sell as fast as they were and everyone wanted household goods so they were mass produced until it ran out of consumers to buy the products.
User XoXo
by
6.9k points