Ha! Did you hear about the stock market crash hopefully we don't go into a worldwide depression
Yeah hopefully not!
Mass Production of a Useless Product
Can we make anything other than spoons
No Sir
I am afraid i have to let you go I cannot afford to pay you any more
Businesses Losing Money
Aw Man
Two men talking about the stock market crashing.
President Hoovers late response
I do not know what to do.
This was mass production of a item that no one really needed so it went to waste so factories were not coming out with useful products for people to use
Agricultural Problem
I cannot sell my farming goods
This when business owners could not afford to pay there workers so they had to lay them off.
People losing money on Stocks
I am sorry to say I invested all our money on stock to earn more but the market crashed so I lost all our money.
WHAT!!!!!
This is when President Herbert Hoover's reaction was really delayed on what to do when this started.
This is when farm goods were not at a high price and then farmers could not make enough money to afford to keep there belongings and pay for there farming goods.
When people invested in stocks but then the market crashed and people lost money.