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Which social science is The study of the conservation of scarce resources while producing goods for people to consume?

economic


Which industry boosted consumerism in the 1920s feeding economic growth?

The automobile industry significantly boosted consumerism in the 1920s, driving economic growth by making cars more accessible to the general public. Innovations like assembly line production lowered costs, while increased advertising and the expansion of road infrastructure encouraged widespread car ownership. This surge in automobile sales stimulated related industries, such as oil, rubber, and road construction, further fueling the economy and transforming American lifestyles.


What threatened the economic good times of the 1920's?

The economic prosperity of the 1920s was threatened by several factors, including over-speculation in the stock market, which led to unsustainable asset prices. Additionally, unequal wealth distribution and a reliance on consumer credit created economic instability. The agricultural sector faced significant challenges due to overproduction and falling prices, while the banking system struggled with inadequate regulations. These issues culminated in the stock market crash of 1929, marking the end of the decade's economic boom.


How much did the average houshold make in the 1920s?

In the 1920s, the average household income in the United States varied significantly but was approximately $3,300 per year by the end of the decade. This was a period of economic prosperity known as the "Roaring Twenties," characterized by a booming stock market and increased consumer spending. However, income distribution was uneven, with wealth concentrated among the upper class, while many working-class families earned considerably less.


How was wealth distributed in 1920s?

There was an uneven distribution. The rich were getting richer, while the poor were getting more poor.

Related Questions

What is one circumstances in which people often experience catharsis?

While watching an exciting movie


Which social science is The study of the conservation of scarce resources while producing goods for people to consume?

economic


What is a major difference in economic wants and economic needs?

In Economy, a need is something needed to survive while a want is something that people desire to have, that they may, or may not, be able to obtain.


Who was the astronaut who experience weightlessness while orbiting the earth?

Any astronaut would experience weightlessness while orbiting the Earth.Any astronaut would experience weightlessness while orbiting the Earth.Any astronaut would experience weightlessness while orbiting the Earth.Any astronaut would experience weightlessness while orbiting the Earth.


Why did people move to suburbs in the 1920s?

In the 1920s, people moved to suburbs primarily due to the desire for a better quality of life, characterized by more space, cleaner environments, and a sense of community. The rise of the automobile made commuting easier, allowing individuals to work in cities while living in more tranquil suburban areas. Additionally, the post-World War I economic boom and the expansion of affordable housing options attracted families seeking a suburban lifestyle. This shift also reflected changing social dynamics, including the desire for privacy and the appeal of a family-oriented environment.


What is the concept of escapism in the 1920?

Escapism is a concept which is developed by Prophet Mohammed when he was threatened in Mecca which led his escape to Medina. As it is done by Prophet himself it is believed to be a great faith among Muslims and Islam followers. ^that may be true, but in the 1920s it was the concept that people could "escape" the reality of their own lives, since during this time it was economically hard for people, and for only a few coins people could experience the magic of movies and forget their worldly trouble for a while.


How does location affect people?

Location/place of habitat effect life style of people. In natural environment it affects the health of people while in a social environment affects the economic status and attitude of the people.


Why do Majority of People in Brisbane Trust the 9 News Qld Weekend Team who have a total of 29 Years Experience When the Majority of People in Brisbane Should Be Trusting The 7 News Weekend Team?

Exactly Darren Curtis has 15 Years Experience, While Alison Ariotti has 5 Years Experience, Ian Healy has 6 Years Experience while Luke Bradnam has 1 Year Experience Total of 27 Years Experience. While Rod Young has 40 Years Experience, Kay McGrath has 27 Years Experience, Pat Welsh has 39 Years Experience and Paul Burt has 15 Years Experience, A Total of 122 Years Experience. While On Sundays Rod Young has 40 Years Experience, Kay McGrath has 27 Years Experience, Shane Webcke has 6 Years Experience and Paul Burt has 15 Years Experience A Total of 89 Years Experience This Means that the 7 News Weekend Team has More Experience than the 9 News Weekend Team, More Experienced That's Why the 7 News Qld Weekend Team is Queensland Number 1 and Majority of People in Brisbane Should Look First to Seven News Qld on Weekends.


How does location affect people live?

Location/place of habitat effect life style of people. In natural environment it affects the health of people while in a social environment affects the economic status and attitude of the people.


What is the difference between politics in Canada and politics and politics in great Britain in the 1920s?

In the 1920s, Canada was largely focused on issues related to its relationship with the British Empire and its own push for more autonomy, while Britain was grappling with post-World War I challenges such as economic downturn and social unrest. Both countries had parliamentary systems, but Canada was moving towards greater self-governance while Britain was still a dominant global power. Additionally, there were differences in their political parties and leaders during this period.


What is the purpose of the tea ceremony?

To connect with other people in a tranquil setting while enjoying a shared experience in the form of an art.


What is economic information?

times were very tough people had to strive just to get by women had to start working as well while the men were off at war.