Question
A graph titled Yearly Average Dow Jones Industrial Average has year on the x-axis, and average closing price. A line increases to a point around 1929, and then decreases.
Review the graph and recall what you have learned. What do stock prices during most of the 1920s suggest about the American economy of the time?
The stock prices reflect the poor economic conditions of the 1920s.
The stock prices indicate that the 1920s were a time of great prosperity for businesses.
The stock prices suggest that most Americans enjoyed a high standard of living in the 1920s.
The stock prices show that many Americans were struggling financially.
Review the graph and recall what you have learned. What do stock prices during most of the 1920s suggest about the American economy of the time?
The stock prices reflect the poor economic conditions of the 1920s.
The stock prices indicate that the 1920s were a time of great prosperity for businesses.
The stock prices suggest that most Americans enjoyed a high standard of living in the 1920s.
The stock prices show that many Americans were struggling financially.
Answers
GPT-4o mini
The stock prices indicate that the 1920s were a time of great prosperity for businesses. The increasing trend in the line of the graph leading up to 1929 suggests a booming economy, characterized by rising stock prices that reflect investor confidence and business growth. This period, often referred to as the "Roaring Twenties," was marked by significant economic expansion, increased industrial production, and a rise in consumer spending among many Americans.