Even with the installment plan, there were limits on how much Americans would or could buy; there were only so many kitchen appliances or cars a person needed. Buying slowed down. By 1929 the stores had built up huge inventories of goods and stopped ordering from factories. Manufacturers had overproduced, and they had to begin cutting back. Factories began laying off substantial numbers of workers, even before the stock market crash. When the crash came, many more people lost not only their jobs but their savings, too. The growing number of unemployed people bought only bare necessities. Goods sat on shelves in warehouses and stores. Manufacturing ground to a halt, and more and more people were laid off as a result. It was a vicious spiral downward.I think it the second one
decreased production of consumer goods
please give brainliest if correct
