asked 111k views
2 votes
What form of credit was used for consumers in the 1920’s?

asked
User Vjwilson
by
8.2k points

1 Answer

4 votes

Answer:

During the Roaring Twenties, companies began to sell shares of stock to raise money. If the business made a profit, the value of the stock went up. This could earn large profits for investors. In the 1920s, people could buy stock on credit for the first time.

Step-by-step explanation:

answered
User SuperMind
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.