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What was an effect of businesses becoming less profitable in the late 1920s? Business stock values decreased. Consumers bought more goods. Farmers bought more machinery. Banks forgave loan debts.
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What was an effect of businesses becoming less profitable in the late 1920s?

Business stock values decreased.
Consumers bought more goods.
Farmers bought more machinery.
Banks forgave loan debts.

User Bill Grates
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2 Answers

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The stocks described in value due to the economy falling
User Shericka
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Answer: People held on to their stocks, hoping for profits.

People began questioning the value of the stocks they owned.

Businesses refused to sell their company stocks.

User Katafalkas
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