RESEARCH METHODOLOGY

RESEARCH ETHICS

COMMERCIALIZATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why were more people able to own automobiles, radios, washing machines, and other goods in the 1920s?
A
because of advertising
B
because of lower taxes on imports
C
because of installment buying
D
because the trucking industry grew
Explanation: 

Detailed explanation-1: -The expansion of credit in the 1920s allowed for the sale of more consumer goods and put automobiles within reach of average Americans. Now individuals who could not afford to purchase a car at full price could pay for that car over time–with interest, of course!

Detailed explanation-2: -The 1920s can be viewed as a period of great industrial production in America. The automobile, petroleum, steel, and chemical industries skyrocketed in their production during this period.

Detailed explanation-3: -During the 1920s, many Americans had extra money to spend-and spend it they did, on movies, fashion and consumer goods such as ready-to-wear clothing and home appliances like electric refrigerators. In particular, they bought radios.

There is 1 question to complete.