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Why did buying slow down at the end of the 1920s?
Buying slowed down at the end of the 1920's because everyone had what they needed.
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.
How was wealth distributed in the 1920s?
Graphs and statistics was very helpful in the distribution of wealth in 1920s.
Two economically unsound business practices used by corporations during the 1920s?
Buying on margin because it would only work if the demand continued to rise. Stock because if the marked crashed then everyone involved in the bank would lose their money.
The growth of the nations economy during the 1920s was called?
The growth of the nation's economy during the 1920s was called urbanization.
Why did buying slow down at the end of the 1920s?
Buying slowed down at the end of the 1920's because everyone had what they needed.
1920s buying on credit?
Margin
Why was buying stocks popular in the 1920s?
To get rich quicker
Why were layaway and credit plans popular for buying things in 1920s?
it was easier
Which major trend characterized the 1920s and continues today?
retail buying on installment of credit
Why were layaway and credit plans popular for buying things in the 1920s?
it was easier
Which term best describes buying on margin during the 1920s?
Paying ten cents on the dollar for stock
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.
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.
A major weakness of the period of prosperity in the 1920s was that?
unevenly distributed through the population, this is because during the early 1920s farmers found themselves caught in a recession while the urban centers were producing more in an age of consumer buying. by: Noman Hossain
Did the over indulgence in the 1920s lead us into The Great Depression?
There were many aspects to the economy of the 1920s that led to one of the most crucial causes of the Great Depression - the stock market crash of 1929. In the early 1920s, consumer spending had reached an all-time high in the United States. American companies were mass-producing goods, and consumers were buying.
Buying on margin in the 1920s?
When investors could buy stocks for as little at 10% down-payment and then when the stock rose in price they could sell it and make a profit.
