10
QuizMultiple Choice

Boom and Bust

Question 10 • [HSSUS] US History, Sem 1 (26-27)

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

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

Explanation

During the 1920s, many consumers bought cars, appliances, and other goods on credit, allowing spending to rise even when people did not have enough cash to pay up front. This widespread credit-fueled demand helped sustain production and economic growth. Therefore, the best answer is consumers buying goods on credit.

AI-written and checked against the verified answer.

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