Question

How did consumerism affect the economy in the 1920s?

Answer 1

Answer:

a. Most consumers had access to goods they wanted and needed.

b. Many consumers began to overspend on goods they did not need.

c. Many businesses and consumers began to rely on the use of credit.

f. Most consumers made less of an effort to save their money for the future.

Explanation:

i just answered it in the lesson

Answer 2

Answer:

b) Most consumer had access to goods they wanted and needed.

c) Many consumers began to overspend on goods they did not wanted  and needed.

d) Many businesses and consumers began to rely on the use of credit.

Explanation:

Consumerism refer to the law and order to protect the interest of consumer.    

In 1920, America have seen new era of prosperity and growth, mainly because of three factor:

a) Expansion of credit in 1920s lead average American to buy more goods and services.

b) Cars became affordable to most of American due to mass production of Automobile, perfecting assembly line and reduction in cost of car.

c) Rise in the earning of American, who are lured by advertiser to buy more goods that are produced.