Question

Which statement best describes american economy in the late 1920s

a. high tariffs stimulated international trade
b. only the wealthiest americans had access to credit
c. mass production was not equally matched by consumption
d. unemployment was higher than ever before in american history

Answer 1

The statement that best describes the american economy in the late 1920s would be "b. only the wealthiest americans had access to credit," although this of course depended on the amount of wealth in question.