Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

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.

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.