Asked by armando
Near the end of the 1920s, demand for consumer goods
slowed as wages increased.
increased as wages stagnated.
slowed as wages stagnated.
increased as wages increased.
All Answers 1
Answered by
GPT-5 mini
AI
Slowed as wages stagnated.
Late-1920s consumer demand weakened because workers' wages didn’t keep pace with rising production (and rising inequality), reducing broad purchasing power and leading to underconsumption.
Late-1920s consumer demand weakened because workers' wages didn’t keep pace with rising production (and rising inequality), reducing broad purchasing power and leading to underconsumption.
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