Question

25 points!!!

Why was private business unable to pull Americans out of the Depression?

They had not lowered their prices to meet demand
They had invested their profits in foreign countries
They had prepared for themselves and not their employees
They had not allowed supply and demand to meet

Answer 1

The Hoover administration promise was cut short when the stock market lost almost one-half its value in the fall of 1929, plunging many Americans into financial ruin. However, as a singular event, the stock market crash itself did not cause the Great Depression that followed. The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which was also a symptom. By 1933, nearly half of America's banks had failed, and unemployment was approaching 15 million people, or 30 percent of the workforce

Step-by-step explanation:

Answer 2

D

Step-by-step explanation:

They could not keep up with the demand of the people and they weren't making much money off of their business. I might be wrong, I'm sorry if I am