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Which factor DID NOT contribute to American optimism in the 1920s?

User Ianaz
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2 Answers

10 votes
10 votes

Final answer:

The stock market crash in 1929 did not contribute to American optimism in the 1920s and instead led to the Great Depression.

Step-by-step explanation:

The factor that did not contribute to American optimism in the 1920s was the stock market crash in 1929. While the 1920s were a decade of prosperity and the economic growth, the crash in 1929 led to the Great Depression and a period of widespread financial ruin. Only about 10 percent of American households held stock investments and speculated in the market, but nearly a third of Americans lost their savings and jobs in the ensuing depression.

User Alchi Baucha
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27 votes
27 votes
I don’t know what factors you’re speaking of so I’ll just give you a random one:

More than 50% of Americans lived under the poverty line during the 20s.
User MattUebel
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