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Why did Americans buy more consumer goods in the 1920s than ever befor?
Wiki User
∙ 13y ago
They had more money to buy the goods with because of the economic growth.
Wiki User
∙ 13y ago
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Which of these factors helped hide economic problems in the 1920s?
Americans purchased many consumer goods on credit.
What was a principal for rapid economic growth in the US during the 1920s?
development of many new consumer goods
What where two reason for poverty in the 1920s?
Stock market crash due to buying on margin and overextention of credit to buy consumer goods.
The prosperity of the 1920s caused many consumers to become overconfident in the economyOne result of this overconfidence was that?
Many Americans purchased goods on credit.
What best describes economic trends in the 1920s?
Consumer goods were more available and affordable than ever, but workers' purchasing power decreased over the course of the decade.
Which of these factors helped hide economic problems in the 1920s?
Americans purchased many consumer goods on credit.
Improved mass- production techniques affected the American economy of the 1920s by?
reducing prices of consumer goods.
What was a principal for rapid economic growth in the US during the 1920s?
development of many new consumer goods
How did high tariffs hurt Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
How did tariffs hurt many Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
What where two reason for poverty in the 1920s?
Stock market crash due to buying on margin and overextention of credit to buy consumer goods.
What was the major result of consumer overconfidence in the economy in 1920?
many Americans purchased goods on credit
How many high tariffs hurt many Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
What new way of buying goods besides cash started in the 1920s?
Credit became widely used for purchasing consumer good for the first time in the 1920s. Prior to this time it was only used by the very wealthy.
The prosperity of the 1920s caused many consumers to become overconfident in the economyOne result of this overconfidence was that?
Many Americans purchased goods on credit.
What was it called when Americans had to make sacrifices on consumer goods during World War 2?
the cosmatological noise
Which market or markets are consumer goods and services bought into?
Goods or services bought by a consumer are bought in the consumer market. The consumer market includes fast moving consumer goods, consumer durables, soft goods and services.
