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Looking at the volume of transactions, especially in the finance industry, in the 1920s, a picture of wealth and prosperity is painted. This proved to be largely a false picture due to the large scale use of "margins," or essentially credit, for the purchase of stocks. This practice was a major contributing factor to the Great Depression of the 1930s.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoThe banks began to fall and so was the Stock Market. People were taking out too much money on credit than what the economy could handle.
Wiki User
∙ 9y agoSome businesses did not prosper in the 1920s due to the Great Depression. People were making purchases using credit and installment plans which resulted in a loss of profit.
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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.
What happened in America in the 1920s and 1930s?
Businesses in the twenty-first century are complex, fluid, and customer-centric.
Nickname of the 1920s decade?
The 1920s was known both as "The Roaring 20s" and "The Jazz Age. " Both of these nicknames reflect the importance of culture during this time, as well as how raucously the wealthy partied.
What were some major movements in the 1920s?
chinese exclusion act of 1882
Why did some businesses not do well in 1920s?
Some businesses did not prosper in the 1920s due to the Great Depression. People were making purchases using credit and installment plans which resulted in a loss of profit.
The first big businesses in America were?
The business created by Henry ford in the 1920s.
How did the presidents contribute to the prosperity of the 1920s?
They were largely inactive and allowed businesses to grow unregulated.
Why did the nation's businesses take off in the 1920s?
Because of the, Republican laissez-faire policies.
What are some effects on multinational businesses?
they well continually increase
What were signs of American business success in the 1920s?
Some signs that American businesses in the 1920s were experiencing success was workers no longer being subject to standing in ration lines. Another indication of success was with the new inventions and advancements that improved American lives.
What Businesses where located on park ave. ny in the 1920s?
What furniture businesses where located on Park Ave.,New York in the 1920's & 1930's ?
Throughout most of the 1920s Americans were generally?
Confident that businesses would bring continued prosperity.
How did the president above contribute to the prosperity of the 1920s?
They were largely inactive and allowed businesses to grow unregulated.
How did hoover Coolidge and harding contribute to the prosperity of the 1920s?
They were largely inactive and allowed businesses to grow unregulated.
What describes the policies of republicans during the 1920s?
They acted to support big businesses or something like that - apex
Where there supply teachers in the 1920s?
Well they did have school in the 1920s so I'm guessing yes, they did.
