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Businesses and industries in the 1920s most closely followed the buying demands of

Sagot :

Businesses and industries in any era have always focused on the buying demands of the consumer, without which these companies and industries would not make any profit.
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The options of the question are, A) government. B) Farmers. C) Consumers. D) manufacturers.

The correct answer is C) Consumers.

Businesses and industries in the 1920s most closely followed the buying demands of the consumers.

During the 1920s the economy if the United States first quickly grew and then slowed down. Businesses and industries in the 1920s most closely followed the buying demands of the consumers. But what happened is that consumers demanded fewer products and services and this made the economy to slow down. The main economic situations presented in the United States in the 1920s were stock speculation, over-production of goods, and many credits difficult to be paid. Because consumers reduced the purchasing of things, companies reduced the prices of many products and the economy was affected.    


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