What effects did increased levels of debt have on American society in the 1920s? Check all that apply.
Businesses were unable to pay their bills.
People failed to repay the credit they borrowed
Companies increased production. Company profits increased.
People became even more dependent on credit.
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1
Answer:The Wall Street Crash
Explanation: a big topic of the 1920s as USA was recovering from ww1. although unlike Germany were the the money became invaluable, in USA it became extremely valuable as everyones savings hade dissapeared leaving wealthy citizens the same an unfortunate people.
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Answer:
Businesses were unable to pay their bills.
People failed to repay the credit they borrowed.
People became even more dependent on credit.
Explanation:
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