11
QuizMultiple Choice

Unit 4A: Test

Question 11 • (CR27) US History-2100310-S1-Meadows

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

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

Explanation

Installment payments let buyers pay for goods over time in smaller amounts rather than paying the full price at once. This made goods affordable to people who could not afford the entire cost upfront. Buying on margin, by contrast, involved borrowing money to purchase stocks.

AI-written and checked against the verified answer.

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