The correct answer is B) it made the economy weaker.
<em>The effect that the use of credit had on the economy in the 1920s was that it made the economy weaker.
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What happened in the 1920s is not complicated to understand. Due to the prosperity in the economy, the so called “Roaring 20’s” consumerism was the constant in the country. Many people began to buy what did not needed but wanted. With the use of credit, families started to buy things for the house, personal care, and new things that were advertised. With credit, they had the opportunity to pay the bills every month. But the problem was that people started to buy things that later they were not capable of paying. Consumers bought a lot of things they could not afford. That is why consumers weakened the economy in the late 1920s.
The meeting of the First Continental Congress was called to in response to the Intolerable Acts. They were called the Coercive Acts in Great Britain. They are also sometimes referred to as the Punitive Acts.
