What were 2 problems facing the American economy prior to 1929

1) Unequal distribution of wealth • 60% of all American families had an income of less than $2000 per year (i.e. they were living below the poverty line). Top 5% of people earned 1/3 of the wealth. The only way poorer Americans could consume was through credit and consumption. 80% of Americans had no savings at all

1)There were many aspects to the economy of the 1920s that led to one of the most crucial causes of the Great Depression - the stock market crash of 1929. In the early 1920s, consumer spending had reached an all-time high in the United States. American companies were mass-producing goods, and consumers were buying.

3)The Great Depression began with the Wall Street Crash in October 1929. The stock market crash marked the beginning of a decade of high unemployment, poverty, low profits, deflation, plunging farm incomes, and lost opportunities for economic growth as well as for personal advancement.

based on this information, i would advocate against sweatshop labour because it exploits workers in unsafe working conditions with little pay. though sweatshops produce inexpensive goods, they harm the environment, workers, and often use unsafe materials to make consumer goods.