What caused a slowdown in the economy by the end of the 1920s?
The industrial workers saw their wages increase it did not keep up with the price increase of goods. This reduced the demand for these goods. As the demand fell, workers were laid off and the spiral continued. Healthy industry began to slow (construction and automobile). The farm industry was on of the most distressed and merited the most focus. Overproduction on the farm kept prices low. How did the candidates for president in 1928 differ? -Hoover was the candidate for president on the republican side. He had helped greatly with the relief effort in World War 1 and with business. He represented a self made man and the protestant westerners. He felt that the problems of the nation economically could be solved by hard work and not government support. -Al Smith, the son of an Irish immigrant born in the city, was the Democratic candidate. He was born and bred in the city and felt the government should be active in the support and betterment of the economy. -Hoover won as a testament by t
