Question
"Where then is the average man's share of the prosperity promised in the election of Mr. Coolidge? It has not arrived and it is not discernible on the horizon. But when the stock boom spends itself and deflation sets in, the average citizen will be invited, as usual, to sustain the losses."-From an editorial in The Nation, February 28, 1925
What problem of the 1920s economy does this excerpt emphasize? (5 points)
• Uneven distribution of income
• Falling crop prices
• Credit purchasing
• Bank failures
What problem of the 1920s economy does this excerpt emphasize? (5 points)
• Uneven distribution of income
• Falling crop prices
• Credit purchasing
• Bank failures
Answers
Answered by
GPT-4o mini
The excerpt emphasizes the **uneven distribution of income**. It highlights the disparity between the promises of prosperity made during the election and the reality faced by the average citizen, indicating that the benefits of economic growth were not reaching everyone equally.