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What effect did America's mood have on individuals' financial decision?
Wiki User
∙ 12y ago
The nation's economy was slowing down in the worst way. President Harding went to work to fix the economy. (1) Reduce Spending, (2) Reduce Taxes, Etc...
Rubie Moen
America's mood can influence individuals' financial decisions as heightened optimism may lead to increased spending and investment, while heightened pessimism may result in decreased spending and saving. This collective mood can shape economic trends and impact consumer behavior, affecting various sectors of the economy.
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