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decline in consumer purchasing power and spending high tariffs weak agricultural sector financial panic Farmers' income declined drastically as prices for agricultural goods dropped. Press

decline in consumer purchasing power and spending high tariffs weak agricultural sector financial panic Farmers' income declined drastically as prices for agricultural goods dropped. Press Space to open Business owners did not share their large profits by raising workers' wages, making workers less and less able to buy goods. Press Space to open Falling stock prices led investors to sell their stocks frantically at enormous losses. Press Space to open Increasing the cost of imports led to higher prices for raw materials and manufactured goods

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