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The prosperity of the late 1920s was not shared equitably across the economy but was concentrated in

a. All of these.
b. Construction.
c. Automobiles.
d. Florida real estate.

User Gvalmon
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The prosperity of the late 1920s was not shared equitably across the economy but was concentrated in a. All of these.

  • Construction: The construction industry boomed in the late 1920s as people invested in new homes and businesses.

  • Automobiles: The rise of the automobile industry was a key factor in the prosperity of the 1920s. Automobiles created new jobs in manufacturing, sales, and repair, and led to the development of new industries like road construction and oil refining.

  • Florida real estate: The Florida land boom was a period of speculation and rapid growth in Florida's real estate market in the early to mid-1920s. Investors poured money into Florida, buying up land and building new homes, hotels, and golf courses.

All of these industries contributed to the concentration of prosperity in certain sectors of the economy during the late 1920s, while many other parts of the economy, especially agriculture, struggled.

User Hankchiutw
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