The evidence that suggests that the prosperity of the 1920s was not on a firm foundation includes the fact that the Great Depression happened soon thereafter. The Installment Plan that allowed you to purchase goods without having to put much money down was also another suggesting piece of evidence.
Evidence suggesting that the prosperity of the 1920s was not built on a firm foundation includes the widespread speculation in the stock market, where many investors bought stocks on margin, leading to unsustainable valuations. Additionally, the agricultural sector faced significant hardships, with falling prices and overproduction, which indicated economic disparities. Furthermore, consumer debt levels rose sharply as people financed their lifestyles through credit, hinting at underlying financial instability that would ultimately contribute to the Great Depression.
The prosperity of the 1920s was marked by significant economic disparities, with wealth concentrated among a small elite while many Americans remained in poverty. The stock market experienced rampant speculation, leading to inflated asset prices that did not reflect true economic value. Additionally, industries such as agriculture struggled due to overproduction and falling prices, indicating underlying economic weaknesses. These factors, alongside rising debts and a fragile banking system, foreshadowed the impending Great Depression.
They were largely inactive and allowed businesses to grow unregulated.
Confident that businesses would bring continued prosperity.
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Evidence suggesting that the prosperity of the 1920s was not built on a firm foundation includes the widespread speculation in the stock market, where many investors bought stocks on margin, leading to unsustainable valuations. Additionally, the agricultural sector faced significant hardships, with falling prices and overproduction, which indicated economic disparities. Furthermore, consumer debt levels rose sharply as people financed their lifestyles through credit, hinting at underlying financial instability that would ultimately contribute to the Great Depression.
everyone
The stock market crash of 1929 put an end to the prosperity of the 1920s in the United States.
It was on easy credit. Farmers were already having issues, and the income gap was increasing.
The Great Depression ended the economic prosperity of the 1920s.
There were several groups did not share in the prosperity of the 1920s. One of those groups were sharecroppers of the deep South. They were still poverty stricken.
The Republicans
Advertising in the 1920's showed an expression of what fun the 1920's were all about. They focused on optimism and the prosperity of the period.
coolidge prosperity
consumers
consumers