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Nadusha1986 [10]
3 years ago
5

How much did American invest during the 1920s

History
2 answers:
tigry1 [53]3 years ago
7 0

America spent about 22.34 TRILLION dollars

lana [24]3 years ago
5 0

During the 1920s, the booming stock market roped in millions of new investors, many of whom bought stock on margin. The 1920s also witnessed a larger bubble in all kinds of credit - on cars, homes, and new appliances like refrigerators. In the years after the 1929 crash, the credit-based economy fell apart. By 1933, Wall Street and the nation's banking and mortgage industries were left for dead. The searing experience helped plunge the economy into a deep depression and spooked an entire generation of investors.

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