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Businesses closed during the Great Depression because they weren't realizing the revenue the needed to remain operational. During this time people weren't working so they couldn't spend money they didn't have.

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9y ago
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B K

Lvl 2
2y ago

Homeless didn't have any money, so businesses couldn't sell anything.

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Wiki User

7y ago

Banks crashed and the businesses had no money to pay employees with.

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Q: Why did businesses fail after housing fell off during great depression?
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