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PolarNik [594]
3 years ago
13

What effect did the use of credit have on the economy in the late 1920s

History
2 answers:
frozen [14]3 years ago
8 0
Buying on credit was a huge problem in the 1920s. Since the 20s was a period of great economic boom, not many people took the future into consideration. The American farms and factories produced large amounts of goods and products during the prosperity before the Depression.
nalin [4]3 years ago
8 0
Economic boom happened then the Great Depression happened
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