Which of the following statements is true of the American consumer market in the 1920s?

A) In the 1920s, car sales plunged as American consumers emphasized on thrift rather than indulgence.
B) During the 1920s, the economic boom boosted real estate as well as consumer products in most parts of America except in Florida.
C) During the 1920s, young people were not really into cars.
D) Throughout most of the 1920s, the number of investors in stocks fell steadily.
E) By the end of the 1920s, Americans relied on credit to purchase nearly 90 percent of their major durable goods.


E

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