Question

Which of the following statements is a TRUE of America in the 1920s? A. Confidence in the economy was down even though profits were up. B. Society was setting itself up for a dramatic economic fall, but, due to a general unawareness, optimism remained high. C. Stock market activity was at an all-time low due to the pessimistic attitudes of most American workers. D. Wealth in America was shared fairly equally among all classes so little notice was taken when the economy began to decline.

Answer 1

"B. Society was setting itself up for a dramatic economic fall, but, due to a general unawareness, optimism remained high" is correct. This fall took the form of the Great Depression, which hit in 1929.