Question

During the 192os, much of the debt accumulated

by consumers was due to
(1) installment buying of manufactured goods
(2) overproduction of farm products
(3) long strikes by labor unions
(4) rising income taxes

Answer 1

(1) installment buying of manufactured goods

Step-by-step explanation:

The other answer is incorrect.

Answer 2

During the 1920s, much of the debt accumulated by consumers was due to "(2) overproduction of farm products". During the New Deal FDR took steps to correct this.