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What threatened the economic good times of the 1920s? A.) restrictions that limited how many stocks an individual could own B.) a lack of credit and a steady decline in worker productivity C.) too much
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Jan 20, 2016
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What threatened the economic good times of the 1920s? A.) restrictions that limited how many stocks an individual could own B.) a lack of credit and a steady decline in worker productivity C.) too much wealth being concentrated in the hands of farmers D.) uneven distribution of wealth and growing consumer debt
History
high-school
Alejandro Babio
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D.) uneven distribution of wealth and growing consumer debt" would be the best option from the list, but the real threat was over-investment and over-valuation of stocks, which led to a bubble.
Informat
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Jan 21, 2016
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The correct answer is
D.) uneven distribution of wealth and growing consumer debt
Consumers were owing more and more money because they had been indebted since they bought a lot on credit. The growing uneven distribution of wealth only helped this since the richer only got richer and the poorer only became poorer and there was no way to repay these debts. This behavior eventually led to the great depression.
Debopam Mitra
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Jan 24, 2016
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Debopam Mitra
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