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What was the major problem with the 1920s consumer economy?

What was the major problem with the 1920s consumer economy?

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QUESTION 1 What was the major problem with the 1920s consumer economy? O Banks refused to extend credit to consumers, making it difficult to afford the new consumer goods O Average workers did not have access to the stores and supermarkets selling consumer goods There weren't enough consumers with adequate income to purchase the goods American farms and factories could produce, leading to overproduction O Americans bought too much and became severely indebted
Transcribed Image Text:QUESTION 1 What was the major problem with the 1920s consumer economy? O Banks refused to extend credit to consumers, making it difficult to afford the new consumer goods O Average workers did not have access to the stores and supermarkets selling consumer goods There weren't enough consumers with adequate income to purchase the goods American farms and factories could produce, leading to overproduction O Americans bought too much and became severely indebted
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The accomplishment of the 1920s led to a new structure of consumption or purchasing buyer goods like cars, vacuums, beauty products, clothes, radio etc. The addition of credit enabled the sale of more customers and put the automobiles within the scope of Americans.

 
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