Other deep-seated causes have been in action, however, chiefly the world-wide overproduction beyond even the demand of prosperous times for such important basic commodities as wheat, rubber, coffee, sugar, copper, silver, zinc, to some extent cotton, and other raw materials.
Herbert Hoover: “Other deep-seated causes have been in action, however, chiefly the world-wide overproduction beyond even the demand of…”
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gutenberg.orgEditor's note · Context
Hoover lists various causes of the economic depression, highlighting global overproduction issues.
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