| Question | Answer |
|---|---|
| Which of these factors helped hide economic problems in the 1920s? | Americans purchased many consumer goods on credit |
| What event occured on Black Tuesday? | Investors sold more than 16 million shares of stock |
| Which group experienced an early depression in the 1920s? | Farmers |
What helped hide economic problems in the 1920?
too many homeless people had moved there. Which of these factors helped hide economic problems in the 1920s? Investors lost confidence in the market. Farmers sold crop surpluses to pay off their debts.
Which factor helped hide economic problems in the 1920s quizlet?
passing higher protective tariffs. Which of these factors helped hide economic problems in the 1920s? banks so they could lend money to business to stimulate economice activity.
Which economic factor of the 1920s contributed heavily to the Great Depression?
There were many aspects to the economy of the 1920s that led to one of the most crucial causes of the Great Depression - the stock market crash of 1929. In the early 1920s, consumer spending had reached an all-time high in the United States. American companies were mass-producing goods, and consumers were buying.
What problems did the prosperity of the 1920s hide?
What economic problems lurked beneath the general prosperity of the 1920s? They were uneven wealth distributed, and problems with the farmers because the demand of crops dropped after the war, and buying items with easy credit.
Which factor in the late 1920s was a major cause of the Great Depression quizlet?
In the late 1920s, consumers began to purchase (consume) much less than they had during the early 1920s, which caused many companies to lose money; a major cause contributing to the Great Depression.
Which factor contributed to increased production by US factories during the 1920s?
In general, in manufacturing there was a rapid rate of growth of productivity during the twenties. The rise of real wages due to immigration restrictions and the slower growth of the resident population spurred this. Transportation improvements and communications advances were also responsible.
What happened economically in the 1920s?
The 1920s is the decade when America's economy grew 42%. 1 Mass production spread new consumer goods into every household. The modern auto and airline industries were born. The U.S. victory in World War I gave the country its first experience of being a global power.
What caused the economic boom of the 1920s?
The main reasons for America's economic boom in the 1920s were technological progress which led to the mass production of goods, the electrification of America, new mass marketing techniques, the availability of cheap credit and increased employment which, in turn, created a huge amount of consumers.
What were some of the economic problems of the 1920s?
Overproduction and underconsumption were affecting most sectors of the economy. Old industries were in decline. Farm income fell from $22 billion in 1919 to $13 billion in 1929. Farmers' debts increased to $2 billion.
What economic problems threatened the economic boom of the 1920s?
What economic problems threatened the economic boom of the 1920s? the increased spending and buying on credit. What factors caused an increase in consumer spending? Government policies, high tariffs on imports.
Why did the economy began to weaken in the late 1920s?
How did consumers weaken the economy in the late 1920s? Consumers bought too many goods they could not afford.
Which weakness in the American economy of the 1920s contributed to the Great Depression?
What were the basic economic weakness in the American economy in the late 1920s? -Uneven distribution of wealth: The highest paid 5% of workers got 70% of the country's income. The remaining majority got the rest. -Consumers relied too much on credit to buy products.