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How was the distribution of money changing by the end of the 1920s

User Jgawrych
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2 Answers

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24 votes

Answer: The majority of the money was going to the rich.

Explanation: During The Great Depression, due to stock failure and people becoming desperate to sell them, wealthy individuals would wait until the stock price becomes very low and then scoop it in since even if it failed, they wouldn't be losing much.

User Pure Cuteness
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Answer: During the 1920s there was a pronounced shift in wealth and income toward the very rich. 1919 and 1929 the shared of income received by the wealthiest 1% of Americans rose from 12 % to 19 % while the share received by the richest five percent jumped from 24 percent to 34 percent.

User Kas Hunt
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