The correct answer is "People could not pay off their bills."
During the 1920's, many American citizens started to buy items on credit. This allowed them to buy luxury goods by making monthly payments. To most Americans, this was a flawless system, as they did not have to pay the upfront price of the goods.
However most citizens did not realize that over an extended period of time, the cost of the good they bought on credit actually became more expensive thanks to the interest rate. Americans severely over estimated their ability to keep up with this payments, causing them to fall into debt.
Answer:
B. 62
Explanation:
Overall, Republicans controlled 61 of 99 legislative chambers (61.6%). Rounded, its 62
Answer: creating an outline
Explanation:
Explanation:
Life at War is a poetry book that talks about the Vietnam war, but it also reflects on how wars and conflicts have been internalized as something natural in our daily lives and how much they influence in our mindset and worldview. The best image that supports this idea is expressed in the verse “. . . the mucous membrane of our dreams/coated with it”, because it refers to the wide control War ideas have on out thoughts and dreams.
The answer would be credit. Lenders would give massive loans to consumers who would often invest it in the stock market. This led to inflated values and eventually the crash that led to the Great Depression.