USA HISTORY

THE ROARING 20S 1920 1929

AMERICAN POLITICS IN THE 1920S

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is *not* considered a sign that the prosperity of the 1920s was superficial?
A
the economic situation on forms
B
the success of the advertising industry
C
the number of products purchased on credit
D
the difference in income between workers and managers
Explanation: 

Detailed explanation-1: -Economic growth in the 1920s was impressive. Ownership of cars, new household appliances, and housing was spread widely through the population. New products and processes of producing those products drove this growth.

Detailed explanation-2: -The prosperity of the 1920s led to new patterns of consumption, or purchasing consumer goods like radios, cars, vacuums, beauty products or clothing. The expansion of credit in the 1920s allowed for the sale of more consumer goods and put automobiles within reach of average Americans.

Detailed explanation-3: -Although these were prosperous times for many, some groups did not share in the good times of the 1920s. Farmers, African Americans, Native Americans and workers in some industries suffered from declining incomes and unemployment.

Detailed explanation-4: -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.

There is 1 question to complete.