What were two economic problems hidden by the business boom of the 1920's?

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2026-04-13 19:01

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During the 1920s, the business boom masked significant economic problems such as income inequality and rampant speculation in the Stock Market. While many enjoyed newfound wealth, a substantial portion of the population remained in poverty, and the agricultural sector struggled with falling prices. Additionally, the excessive speculation and over-leveraging in the stock market set the stage for the eventual crash in 1929, revealing the underlying economic vulnerabilities.

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