Answered

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Which of the following factors contributed to American consumer spending
during the 1920s?
A. Rich people welcomed middle-class people into their homes and
schools.
• B. Products that were imported from other countries were very
inexpensive.
•
C. An excess of luxury goods raised the standard of living for
everyone.
D. People were willing to borrow money to buy products instead of
saving for them.

Sagot :

dubeyshailja64

The factor that contributed to the spending during 1920 was people were willing to borrow money to buy products instead of saving for them. Thus the correct answer is D

What is a consumer?

A consumer is referred to as an end-person who purchases the goods from the business and utilizes it. A consumer can be the customer but all customers are not consumers.

Greater salaries and the introduction of credit were two factors that contributed to increased consumer expenditure in the 1920s. Personal debt arises as a consequence of increased consumer expenditure, which had a national impact.

Therefore, option D's willingness to borrow money instead of saving them to buy products is the correct answer.

Learn more about consumers, here:

https://brainly.com/question/352725

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