13
QuizMultiple Choice

The 1920s and the Great Depression — Test

Question 13 • US History

In the 1920s, a method that enabled people to buy goods they could not afford was

Answer
A
speculation.
B
investing.
C
installment payments.
D
buying on margin.

Explanation

Installment payments let buyers pay for an item in smaller amounts over time instead of paying the full price upfront. This made goods more accessible to people who could not afford the entire cost at once. Buying on margin involved borrowing to purchase stocks, not ordinary consumer goods.

AI-written and checked against the verified answer.

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