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

Anonymous

∙ 9y ago

Updated: 8/22/2023

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.

Wiki User

∙ 11y ago

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Continue Learning about General History

What was the relationship between government and business during the great depression?

There were no government incentives for businesses.

Was working at the great depression easy to earn money?

It was difficult to find a job during the Great Depression. Many businesses closed, or have to reduce operations. About 1 in 4 people had no job. Not easy at all.

Which of these rose during the great depression?

Migration rose during the Great Depression.

Did they have bicycles during the great depression?

Yes, there were bicycles during the great depression.

Why did many businesses fall during the Great Depression?

Profits were down because customers had no money.

Related Questions

How was housing affected during the great depression?

It was bad.(:

What problems did people have during the Great Depression?

No Jobs,No money,no Housing,No food,and no vehicles :(

What was the relationship between government and business during the great depression?

There were no government incentives for businesses.

How many businesses failed during Great Depression?

In the Great Depression, over 11,000 banks failed, and over one million family farms were lost.

Which president chose to give aid to businesses rather than people during the great depression?

Hoover

Was working at the great depression easy to earn money?

It was difficult to find a job during the Great Depression. Many businesses closed, or have to reduce operations. About 1 in 4 people had no job. Not easy at all.

Did they have bicycles during the great depression?

Yes, there were bicycles during the great depression.

Which of these rose during the great depression?

Migration rose during the Great Depression.

What was a market during the great depression?

There was a Msrjet Crash during the great depression.

Why did many businesses fall during the Great Depression?

Profits were down because customers had no money.

What was environmental cleanliness like during the Great Depression?

it was not clean during the great depression

How does hooverville relate to the Great Depression?

It happenes during the Great Depression.

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