Question

What condition did NOT contribute to the consumer economy of the 1920s?

eliminating the ability to buy on credit
clever advertising
increased wages and incomes
new technological advances

Answer 1

The correct answer is A) eliminating the ability to buy on credit.

The condition that did NOT contribute to the consumer economy of the 1920s was "eliminating the ability to buy on credit."

It was totally the opposite. It was the ability to buy on credit which made people started a consumerist behavior purchasing so many things, needed or not during that time. Indeed, those years received the name of "the Roaring 1920s," because it was a time of good economy in the United States, which people used to buy things on credit.

Answer 2

The correct option is "eliminating the ability to buy on credit"

During the 1920s, the US had an era marked by economic prosperity, as part of the expansive period of an economic cycle. This prosperity benefited the whole society and caused the economy to continue growing at a rate that had not been registered before, generating a speculative bubble. But this prosperity would last a short period that would end on October 24, 1929, known as the Black Thursday, and with the arrival of the Crac of 29 that would culminate finally with the advent of the Great Depression because of this.