asked 160k views
23 votes
HELP PLEASE

During the 1920s, how did new consumer products and advertising impact the economy?

A.
The economy declined because consumers did not have enough money for new products.

B.
The economy blossomed as consumers had newfound wealth and credit to buy new products.

C.
The economy declined as the price of goods skyrocketed beyond the reach of average Americans.

D.
The economy did not grow because only the very rich could afford the new consumer products.

asked
User Serhiyb
by
7.9k points

2 Answers

7 votes

Answer: D

Step-by-step explanation:

answered
User Mona Baharlou
by
7.6k points
8 votes

Answer:

B. The economy blossomed as consumers had newfound wealth and credit to buy new products.

Step-by-step explanation:

The consumption in the 1920s increased because people's earnings also increased. People adopted a new way of living buy purchasing more products through new kinds of credit. Advertising of different products like cosmetics, clothing, cars and so on spread. This enticed the people to buy even more. Ford's mass production of cars allowed many people, not only the rich, to buy their own cars. This led to the blossoming of technology and the improvement of the country's economy.

answered
User Ankit Gujarati
by
8.3k points
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