0
What were the reasons that the prosperity in the 1920s was superficial?
Wiki User
∙ 9y ago
Superficial prosperity was caused by banks giving out loans to people who appeared to be prosperous but werenâ??t. As a result, people took out loans to buy things they couldnâ??t afford to have or pay for. Much of the so-called prosperity was based on an allusion.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoHaa
Add your answer:
Earn +20 pts
A dollar down and a dollar forever represents what type of credit?
This represents the installment plan, which was established in the 1920s to enable people to buy goods over an extended period of time. This was one of the precursors to the Depression as it was a sign of fundamental weakness of superficial economic prosperity.
How did the presidents contribute to the prosperity of the 1920s?
They were largely inactive and allowed businesses to grow unregulated.
Throughout most of the 1920s Americans were generally?
Confident that businesses would bring continued prosperity.
Farmers did not share in the general prosperity of the 1920s because overproduction kept farm prices low?
Nova net; True
What two groups of people did not benefit from the era of prosperity during the decade of the 1920s?
The Maritime Provinces , and the Prairie provinces in canada
What is the superficial prosperity of the 1920's?
Superficial prosperity meant that people were spending money they didn't have, such as with credit cards, making America appear wealthier than it was.
Who benefited from the prosperity of the 1920s?
everyone
What event ended the economic prosperity of the 1920?
The stock market crash of 1929 put an end to the prosperity of the 1920s in the United States.
What event ended the prosperity of the 1920?
The Great Depression ended the economic prosperity of the 1920s.
What group did not share in the 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.
Who claimed credit for 1920s economic prosperity?
The Republicans
What evidence suggests that the prosperity of the 1920s was not on a firm foundation?
answer this plz!!!!
A dollar down and a dollar forever represents what type of credit?
This represents the installment plan, which was established in the 1920s to enable people to buy goods over an extended period of time. This was one of the precursors to the Depression as it was a sign of fundamental weakness of superficial economic prosperity.
The growth nof the nations economy during the 1920s was called?
coolidge prosperity
Which group of Americans generally failed to experiences the economic prosperity of the 1920s?
consumers
Was the prosperity of the 1920s an illusion?
Yes. it was an illusion created by industrial and agricultural overproduction.
Which group of Americans generally failed to experience the economic prosperity of the 1920s?
consumers
