Which best describes what people could buy on credit in the 1920s?

People could buy only expensive goods, such as cars.

People could buy stocks and goods from most stores.

People could not buy stocks but could buy expensive items.

People could buy only essential goods from limited stores.

Question

History

Derek Barron

8 September, 09:10

Which best describes what people could buy on credit in the 1920s?

People could buy only expensive goods, such as cars.

People could buy stocks and goods from most stores.

People could not buy stocks but could buy expensive items.

People could buy only essential goods from limited stores.

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Answers (1)

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Starr · Answer 1

Well, usually the middle/working and upper class (because they were the ones who could afford it) were the ones who went crazy with their spending on bonds and credit. There was great competition to see who can have the best of the best appliances in their homes due to the rise of technology. Remember, the role of women was to stay in the home and teach their children republican ideals ... so using money to improve their home only seemed practical.

Which best describes what people could buy on credit in the 1920s?People could buy only expensive goods, such as cars.People could buy stocks and goods from most stores.People could not buy stocks but could buy expensive items.People could buy only essential goods from limited stores.

Which best describes what people could buy on credit in the 1920s?

People could buy only expensive goods, such as cars.

People could buy stocks and goods from most stores.

People could not buy stocks but could buy expensive items.

People could buy only essential goods from limited stores.