Question

How did consumerism affect the economy in the 1920s? Check all that apply.

Most consumers chose to buy only the goods they could afford.
Most consumers had access to goods they wanted and needed.
Many consumers began to overspend on goods they did not need.
Many businesses and consumers began to rely on the use of credit.
Debt mostly became a thing of the past as most consumers avoided it.
Most consumers made less of an effort to save their money for the future.

Answer 1

Most consumers had access to goods they wanted and needed.

Many consumers began to overspend on goods they did not need.

Many businesses and consumers began to rely on the use of credit.

Most consumers made less of an effort to save their money for the future.

Step-by-step explanation:

Answer 2

Statements 2nd, 3rd and 4th are the correct statements which expressing the affects of the consumerism in the economy in 1920s.

• Most consumers had access to goods they wanted and needed.
• Many consumers began to overspend on goods they did not need.
• Many businesses and consumers began to rely on the use of credit.

Step-by-step explanation:

Consumerism can be defined as the idea phase in 1920s during which the Americans should continue to buy product such as automobiles, washing machines, sewing machines, beauty products in big numbers. In this time, the consumers were able buy those things which can they couldn't afford and not needed.

The companies provided them credits cards which expand their credit limits as they don't needed t pay the bills at the time of shopping.