What effect did the use of credit have on the economy in the 1920s? It made the economy stronger. It made the economy weaker. It made parts of the economy stronger. It solved the problem of overproduction
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Depression in mekong delta due to over production
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Answer is option (2) It made the economy weaker.
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- In 1920s, over production of goods by the manufacturers gave rise weaker economy in United States and hence resulted in great economic depression.
- Customers brought huge non-affordable goods.
- Also, they bought goods on credit, which further led to slowdown of the economy.
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