Ask Question
Social StudiesSocial Studies
17 January, 12:18

Why did a consumer economy develop in the 1920s?

There was a greater availability of consumer goods.

American families were frugal.

Americans made everything they needed at home.

Americans could pay on the installment plan.

+5
Answers (1)
  1. 17 January, 12:37
    0
    Americans could pay on the installment plan.

    Explanation:

    After the period of Depression in the Economy there was prosperity in the 1920s that led to new patterns of consumption or purchasing consumer goods like radios, cars, tools, beauty products and clothing.

    The expansion of credit in the 1920s allowed for the sale of more consumer goods and put automobiles within reach of average Americans. This made Americans could pay on the installment plan.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why did a consumer economy develop in the 1920s? There was a greater availability of consumer goods. American families were frugal. ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Because costs and benefits are both subjective, a person's decision will always be based on what?
Answers (1)
Before going on vacation, Philip worked almost 16 hours a day for a week to complete his work. Due to his stressful work schedule, he fell ill on the third day and spent the rest of his vacation recovering from the illness.
Answers (2)
The reporter is participating in a study within a room that is heated. why is he also on a treadmill?
Answers (1)
American composer and conductor known primarily for the writing of movie music. Some of the movies he has written the scores for include: Jaws, Close Encounters of the Third Kind, ET - The Extraterrestrial, Jurassic Park, Star Wars, Indiana Jones,
Answers (1)
Read the following historical perspectives. In what way do these two perspectives differ? Historian A: The American Revolution was caused by America's greedy desire for more money.
Answers (1)
New Questions in Social Studies
Of what is the tenth amendment is a clear statement? the powers not delegated to the united states by the constitution, nor prohibited by it to the states, are reserved to the states respectively, or to the people.
Answers (1)
Which is an example of secondary source A. News film B. A diary C. A magazine D. A speech
Answers (1)
A direct democracy is a system in which a. the masses have certain rights, but decisions are made by a council. b. citizens are permitted to vote directly on laws and policies. c. representatives meet to discuss policy and make decisions. d.
Answers (1)
Facts or things we know are called knowledge. True or False
Answers (1)
Where does a squad leader assume his post when the squad drills s a part of a larger unit?
Answers (1)
Home » Social Studies » Why did a consumer economy develop in the 1920s? There was a greater availability of consumer goods. American families were frugal. Americans made everything they needed at home. Americans could pay on the installment plan.
Sign Up Forgot Password?