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.

Question

Emery Franklin

History

21 November, 10:01

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.

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Answers (1)

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Skyla Hull · Answer 1

One of the reasons why industrial and agricultural surpluses were a problem for the US economy was because " The average American had limited funds to purchase these items", which meant that the income of the farmers was also limited.