Question

""Among the causes of economic growth and prosperity in the U.S. during the 1920’s was -""

1. Was it due to ""Tight consumer credit""?
a) Yes
b) No
2. Was it because of ""Longer workdays""?
a) Yes
b) No
3. Was it the result of ""Higher wages""?
a) Yes
b) No
4. Was it due to ""The banning of labor unions""?
a) Yes
b) No

Answer 1

The causes of economic growth and prosperity in the U.S. during the 1920s were not due to tight consumer credit or longer workdays. However, higher wages played a role in contributing to the economic growth. The banning of labor unions was not a cause of economic growth.

Step-by-step explanation:

Causes of Economic Growth and Prosperity in the U.S. during the 1920s

1. Tight consumer credit: No, tight consumer credit was not a cause of economic growth in the 1920s. Late in the decade, American consumers were buying less due to rising prices, stagnant wages, unbalanced income, and overbuying on credit.
2. Longer workdays: No, longer workdays were not a cause of economic growth in the 1920s. The workweek had actually declined from over fifty hours to just over forty-five hours, allowing more workers to enjoy leisure time.
3. Higher wages: Yes, higher wages were a factor contributing to economic growth during the 1920s. More and more Americans enjoyed slightly higher wages, which increased their purchasing power.
4. The banning of labor unions: No, the banning of labor unions was not a cause of economic growth in the 1920s. The growth of consumer culture and mass production contributed to economic prosperity, and labor unions were not banned.