Which of the following statements is not accurate about the 1920s?

a. There was a significant increase in mass production and mass marketing.
b. There was a significant increase in urbanization.
c. The ability of many Americans to afford consumer goods dropped sharply.
d. Consumer credit policies were developed and instituted on a large scale for the first time.


c. The ability of many Americans to afford consumer goods dropped sharply.

Economics

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When each member of a group has transitive preferences but the collective preferences of the group are not transitive, this is an anomaly known as the ________

Fill in the blank(s) with correct word

Economics

Refer to Figure 13-1. Ceteris paribus, a decrease in government spending would be represented by a movement from

A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.

Economics

Of all financial intermediaries which holds the most assets?

A) pension funds B) commercial banks C) insurance companies D) hedge funds

Economics

Recessions in the United States typically are:

A. widely felt outside the United States. B. limited to specific regions of the country. C. limited to a few industries. D. confined to the domestic economy.

Economics