Which facts represent the economic reality the nation faced in 1933? choose all answers that are correct.

Even without the options available to choose from, here is a scenario of how the United States wasby the year of 1933:

Americans were increasingly accustomed to buying everything on credit, spending more money than they had, causing massive debt. Many banks have gone bankrupt since black Thursday, in October 1929. The stock market crash (Great crash 1929). Investors have gone bankrupt, massive job dismissals and unemployees. The economic system was really collapsing.

idk

explanation:

while it was true that the cotton gin reduced the labor of removing seeds, it did not reduce the need for slaves to grow and pick the cotton.

explanation:

before eli whitney's invention of the cotton gin, picking and cleaning cotton was a slow, labor-intensive job. workers, usually slaves, had to pick the seeds from the cotton fibers by hand. this invention made it possible to grow large amounts of cotton on big farms and make money.