Answered

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While consumerism during the 1920s boosted the economy, it also led to:

A. more savings.
B. higher debt.
C. lower debt.
D. fewer stocks.

Sagot :

GinnyAnswer

Final answer:

Consumerism in the 1920s led to higher debt levels among Americans.


Explanation:

Consumerism during the 1920s led to a boost in the economy but also resulted in higher debt among Americans. The increased focus on purchasing goods and the availability of credit played a significant role in driving up consumer debt levels.


Learn more about Consumerism in the 1920s here:

https://brainly.com/question/29795532

B. higher debt.

During the 1920s, consumerism boosted the economy as people were encouraged to buy more goods and services. However, this also led to higher debt as many consumers relied on credit to make their purchases. The rise in consumer credit and installment buying allowed people to buy more than they could afford, resulting in an increase in personal debt levels.

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