Why are the twenties are sometimes called an "age of prosperity"?

A. Incomes throughout the United States grew and the middle class held most of the wealth.

B. Most people were able to purchase cars and many families had more than one.

C. The GNP rose dramatically and the United States changed from a debtor nation to a creditor nation.

D. Although the GNP grew modestly, unemployment reached new lows.

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History

Skyler Jacobs

22 April, 13:00

Why are the twenties are sometimes called an "age of prosperity"?

A. Incomes throughout the United States grew and the middle class held most of the wealth.

B. Most people were able to purchase cars and many families had more than one.

C. The GNP rose dramatically and the United States changed from a debtor nation to a creditor nation.

D. Although the GNP grew modestly, unemployment reached new lows.

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Answers (1)

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Elijah Ball · Answer 1

The main reason why the twenties are sometimes called an "age of prosperity", especially in the United States, is that " A. Incomes throughout the United States grew and the middle class held most of the wealth," due mostly to speculation in the stock market.