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Which statement best describes an economic relationship that was true during the 1920s?

A) Businesses began producing fewer goods as government intervention led to rising taxes.
B) Consumers turned to credit to pay for goods as manufacturing costs increased.
C) Businesses created new products as manufacturing became faster and cheaper.
D) Consumer demand for goods decreased as the manufacturing and production of goods increased.

(not D)

2 Answers

3 votes

Answer:

C

Step-by-step explanation:

User Wcolbert
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The correct answer should be C) Businesses created new products as manufacturing became faster and cheaper.

This was a period of great cultural change and modernization and led to development of things like mass radio stations, automobiles, going to see the moving pictures, and similar things which turned the common life upside down. The youth was open to these new ideas and embraced them, and since the United States were the biggest manufacturer in the world it was so cheap and everyone participated in these novelties. Afterwards, the great depression hit and everything went downhill.
User Tim Joseph
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