Question

List 3 parts of the economy that began to struggle during the decade of the 1920’s.

Answer 1

1. Agricultural sector

2. Manufacturing sector

3. Construction sector

Step-by-step explanation:

Economic problems in the 1920s affected various parts of the United States economy. Primarily, it affected the following aspects of the economy:

1. Agricultural sector: here, Farm income dropped from $22 billion in 1919 to $13 billion in 1929. Also, Farmers' debts expanded to $2 billion.

2. Manufacturing sector: here to make more money, there was overproduction of commodities and underconsumption of these commodities to save cost.

3. Construction sector: wage of labor was scarcely increased with only 4 percent increment throughout the decade.