I got lost on reading this!!!
While consumerism during the 1920s boosted the economy, it also led to "higher debt," since many people took out loans in order to pay for things that they could not afford.
Answer:
Life= the condition that distinguishes animals and plants from inorganic matter, including the capacity for growth, reproduction, functional activity, and continual change preceding death.
liberty=the state of being free within society from oppressive restrictions imposed by authority on one's way of life, behavior, or political views.
"compulsory retirement would interfere with individual liberty"