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QuizMultiple Choice

A Roaring Economy — Quiz

Question 3 • US History Studies Since 1877

In the 1920s, the continued rise in the stock market and economic growth depended most on

Answer
A
consumers buying goods on credit.
B
bankers buying stocks with cash.
C
consumers growing their own food.
D
investors buying stocks with cash.

Explanation

In the 1920s, many consumers bought goods such as cars and household appliances using installment credit, paying over time. This borrowing helped sustain demand and economic growth, while rising stock prices were also fueled by speculation. The best choice is consumers buying goods on credit.

AI-written and checked against the verified answer.

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