To what extent was the availability of credit the main cause of the “boom” of the 1920s?

2 answers:

8 0

Following were the main causes of BOOM of the '20s~

New mass marketing technique
Availability of cheap credit and products
Mass production of goods
Technological Progress
Increased employment

son4ous [18]2 years ago

4 0

Answer:

The development of credit in the 1920s is a significant contributing factor to the economic boom. The introduction of credit enabled consumers to buy goods they otherwise would not have been able to afford and therefore meant more sales for companies fuelling the boom

You might be interested in

How does the relationship between government and religion in zanj differ from the same relationship in dar al islam?

GaryK [48]

First of all. A definition of these and other terms is necessary:

- Dar Al Islam: in Arabic it literally means the "House of Islam". It is an Islamic political/legal term referring to the countries where Islam is practiced by the vast majority of the inhabitants and where the government and all rulers are are Islamic.

- Dar Al Harb: literally means the "house of war" and applies to all countries that do not have an armistice or a treaty of peace with Muslims. According to Islamic jurisprudence, it is not only licit and legal to attack and harass such countries by any means possible until they accept to convert to Islam or accept being the vassals of an adjacent Caliphate.

- Zanj: Arabic meaning "black" or "negro" was the region of Southeast Africa on the Swahili coast that was populated by black Africans. Zanj was the name that Medieval Muslim geographers used to refer to that area. Arab and Persian colonists founded settlements on the coastal areas of these regions. They ruled them according to Sharia Law and held all political and economic power. The blacks or Zanj were either conscripted to fight in Muslim armies or were sold as slaves to all the Islamic countries located on the coasts of the Indian Ocean.

Now that those definitions have been provided the answer is much simpler:

In Dar Al Islam, the Muhammadans were the majority and they were above all other social groups. Society was organized around Islam and the government and the religion were one since Islam does not recognize the separation of religion and state. It is the "abode of peace" since it is considered Islamic land and all Muslim subjects enjoy supremacy and several rights and privileges over non-Muslim majorities. Any of the Muslim Caliphates is considered to be Dar Al Islam.

Zanj on the other hand, is located within what Islamic lawmakers considered Dar Al Harb, the "house of war". The inhabitants of this area were animist, black unbelievers that according to Islamic religious and political doctrine were legally under the power of Muslims that could rule them and enslave them and use them as cannon fodder for their armies. Of course, the Islamic settlements where the Arab and Persian rulers lived were small Dar Al Islam enclaves since the rulers and the laws were Islamic but Muslims were not the majority and Islam was officially at war with the local Zanj unbelievers. Furthermore, the Zanj were not Arabs and spoke no Arabic so they were of course barred from any government position and were not even protected as dhimmis since they were not a People of the Book. Therefore in Zanj, the relationship between government and religion was a colonial one, unlike the one in Dar Al Islam.

7 0

2 years ago

To which of the following would abolitionists have objected the MOST?

krek1111 [17]

Answer:

Harriet Tubman's efforts

Explanation:

Abolitionists supported slavery and capital punishment, so they were most likely not happy to have slaves escaping.

4 0

2 years ago

yldnis became the ruling family. And while the Carolingians commanded the controlled the pillage and gift system, this doesn't e

Alisiya [41]

Answer:

Increased economic growth and trade

Explanation:

The main objective of the invasions was the discovery of riches and the exploitation of the region's resources to promote trade and economic growth in the dominant nation. In this case, labor was needed to exploit these resources and the region's economic potential. This need for people working in the invaded areas was what led to the development of new states, which would work for the economic and commercial enrichment of the dominant nation.

3 0

2 years ago

The Fifth Amendment protects many rights. It also defines the power of the government to take private property for public use. T

Ludmilka [50]

Protection of rights to life, liberty, and property

3 0

2 years ago

Which countries contained the sudetenland,a region with a large german-speaking population, that adolf hitler wanted under germa

adelina 88 [10]

The Sudetenland contained 3.5 million Germans who had been cut off from the rest of Germany after the creation of Czechoslovakia by the Treaty of Versailles. Hitler felt he had a legitimate claim upon the area because he saw it as German land. Also, Sudeten Germans claimed they were victimized by the Czech government and wanted home rule or union with Germany. Britain was reluctant to involve herself because she had inadequate armed forces to do so and had no treaty obligations to Czechoslovakia. After the Bad Godesberg and Munich conferences the four main European powers (Britain, France, Italy and Germany) decided, without the presence of the Czech leader, to give the Sudetenland to Hitler over a ten day period. The Czechs had little alternative but to agree to Hitler's demands, as they had few allies and a weak army. (However they did have an alliance with France which they failed to honor) By the 1st of October 1938 the Sudetenland had been fully surrendered to Hitler.

8 0

3 years ago