229k views
3 votes
Which helped hide the weakness in the economy in the 1920's?

User Jaumesv
by
4.5k points

1 Answer

3 votes

The correct answer is Easy Credit

Loans that were extended to consumers made it easy for them to indulge in all manner of consumption while hiding the underlying fundamental problems in the economy. When the credit dried, consumerism fell, factories were unable to sell and thus lay off workers

User Jim V
by
5.0k points