How did easy consumer credit help the U.S. economy during the early 1920s?a. Unemployment dropped because people had to find jobs to make their payments.

b. Farmers sold more crops directly to consumers and so made more profits.

c. Interest payments on personal debt allowed banks to make large investments.

d. People bought more goods and created high demand for new products.

Answers

Answer 1

Answer:

The fourth alternative is correct (D).

During the 1920s, the US economy was experiencing an euphoria stemming from the good performance of the United States as the leading supplier of manufacturing and food to European countries during the First World War.

This euphoria led banks to increase lending to the public, to increase consumption, and to companies to increase output.

However, by the end of the decade, the situation became unsustainable. Overproduction did not find enough consumer market and US consumers got indebted. The NY Stock broke in 1929, being the beginning of the Great Depression that would come in the 1930s.

Answer 2

Answer: Easy consumer credit helped the U.S. economy during the early 1920s because people bought more goods and created high demand for new products. The correct answer is D.

Related Questions

in 1963 what two recommendations did a group of Alabama clergymen propose to resolve the racial conflict in Birmingham, Alabama?
What is a state called that does not give a single party overwhelming support?
The Gupta Empire resisted invasions by these people for a long time. White Knights Mongols Hunas Chola
Why were there so many political revolutions in the 17th and 18th centuries?
Which of the following politicians is most associated with fighting for causes that affected U.S. farmers?a. William McKinley b. Theodore Roosevelt c. William Boss Tweed d. William Jennings Bryan

Another name for congressional reconstruction

Answers

Radical Reconstruction

one year ago Which of the following historians has organized her study of the past based on the category "theme"?

Answers

A historian creates a graph of the economic strength of various empires throughout history. (apex)

During the holy month of Ramadan, Muslims refrain from eating. Which of the five pillars of Islam does this practice represent? 1. The first pillar
2. The second pillar
3.The third pillar
4. The fourth pillar

Answers

4. The fourth pillar of Islam, Sawm or fasting.

4. The fourth pillar. Though you don't have a picture to reference it, I'm pretty sure I've had this question on my test and most pictures have fasting as the 4th pillar

The Manana Carta and the English Bill of Rights both served to

Answers

The Magna Carta & the English Bill of Rights both served to "(3) limit the power of the monarchy", since they put more power in the hands of the nobles. They were major steps to full democracy.

Which conquistador gained control of the Inca Empire?What country is it toda?

Answers

It was the Spanish conquistador Pizarro who gained control of the Inca Empire, which was in what is now present-day Peru in South America. The Spanish were in search of gold and riches.

According to the map, the People's Republic of Albania was a satellite nation of the United States after 1960
was no longer aligned with the Soviet Union after 1960
was not part of the Eastern Bloc
is a cluster of several Baltic nations

Answers

The map of the People's Republic of Albania shows that the nation was no longer aligned with the Soviet Union after 1960.

Were Albania and the Soviet Union allies?

Even though the People's Republic of Albania was a Communist state, it was not allied with the Soviet Union.

The Soviet Union could do nothing about this because Albania was quite far from them and so could not be invaded easily.

Find out more on allies of the Soviet Union at brainly.com/question/462971.

#SPJ5

Answer:

It's B.

Explanation:

Because the Map stated in FLVS that it was no longer aligned after 1960 so that means that they are no longer part of the USSR.

Thanks! :)

Other Questions

Which of the following roles did Great Britain's colonies play in causing the Industrial revolution

Who did the United States support in the Soviet-Afghan War?A. the PDPAB. the MujahideenC. Babrak KarmalD. the Soviet Union

How long were the great plain native Americans around?

Describe two ways in which plebeians gained more political power after the revolts of 494b.c.e.