(1 point)
• The economy declined because consumers did not have enough money for new products.
• The economy blossomed as consumers had newfound wealth and credit to buy new products.
• The economy declined as the price of goods skyrocketed beyond the reach of average Americans.
• The economy did not grow because only the very rich could afford the new consumer products.
1 answer
The correct answer is: The economy blossomed as consumers had newfound wealth and credit to buy new products.
During the 1920s, an increase in consumer products, advertising, and the availability of credit fueled economic growth as more Americans were able to purchase goods and enjoy a higher standard of living.
