what new economic practice of the 1920s was credited with being responsible with people buying more?
1 answer
The new economic practice of the 1920s that was credited with being responsible for people buying more is installment buying. Installment buying allowed consumers to buy products on credit and make small, regular payments over time instead of paying the full amount upfront. This made expensive items more affordable and accessible for the average person, leading to an increase in consumer spending and economic growth during the 1920s.