asked 18.6k views
1 vote
The American economy in the 1920s can be characterized by overproduction of consumer goods and __________.

A.
declining interest in speculation in the stock market
B.
heavy government regulation over key industries
C.
increasing debt from overuse of credit
D.
weak growth due to prohibition

asked
User Pbu
by
8.0k points

2 Answers

3 votes
A. Declining interest in speculation in the stock market
answered
User Aviad
by
8.3k points
2 votes

Answer:

C.

increasing debt from overuse of credit

Step-by-step explanation:

Many Americans couldn't comprehend how Credit worked. And once they had credit it was low because they had MOUNTAINS of debt.

The lesson is not don't spend money you don't have. Its that easy.

answered
User Dhaval Gajjar
by
8.0k points
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