Why were industrial and agricultural surpluses a problem for the us economy?


Asked by maham237 @ in History viewed by 293 People


Why were industrial and agricultural surpluses a problem for the US economy? The United States did not have an efficient method of distributing goods to consumers. Consumers were more likely to buy products made by foreign competitors. The average American had limited funds to purchase these items. The increase in production resulted in lower wages for workers.

Answered by maham237 @



The main reason why industrial and agricultural surpluses were a problem for the US economy was because "The average American had limited funds to purchase these items" sine incomes were limited.

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