Answer:
The CEO earning 2.5 million per year
Explanation:
The correct answer is "Americans could purchase consumer goods on the installment plan."
Which of the following applies to the consumer economy of the 1920s?
Answer:
Americans could purchase consumer goods on the installment plan.
These installment plans facilitated the purchase of many goods. The plans enabled people to buy on credit.
The era of the 1920s was also known as "the Roaring 1920s."
This was a period of economic prosperity in the United States. Citizens had money and they spend it on necessary and unnecessary things such as cars, furniture, or homes. Most people used credit, generating high debts. The problem was that after the United States stock market crashed on October 29, 1929, millions of Americans lost their jobs, companies had to close, and banks went into bankruptcy. It was the beginning of the Great Depression.
Answer:
paper is thing at use write
Wheres the wrest of the question?
Answer:
<em>Option C. Natural price.</em>
Explanation:
Adam Smith was a Scottish economist, philosopher and author popularly known as the "father of capitalism". One of the economical terms that he defined is the one of <u><em>"natural price",</em></u> that is the price of any commodity that is neither more or less than the cost of production for that same commodity. The natural price has to be the sum of the costs of rent of the land, the wages of the labor and the profits of the stock that brought the commodity into the market, that took place in order for the commodity to be produced.
