History, asked by Faisalmuhammed9139, 11 months ago

The prosperity of the boom years led to the extravagant lifestyles for the wealthy which eventually led to the collapse of the wall steet crash essay

Answers

Answered by Anam166
3

Answer:

During the prosperity of the boom years, extravagant lifestyles for the wealthy which eventually led to the collapse of the wall street crash essay has nothing to do with wealthy people

Explanation:

During the prosperity of the boom years, America was going through a radical economical and social change. But only 5% of people in America was getting benefit from this boom. laissez-faire policies of the government did not help ordinary people. Few people hold major wealth. The reality was different than the face of prospering America was shown to the world. Rich was able to buy but poor could have the option to buy on credit and could not pay later. This situation collapsed the Wallstreet.

Answered by skyfall63
1

yes, The prosperity of the boom years led to the extravagant lifestyles for the wealthy which eventually led to the collapse of the wall steet crash

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