Question

The American economy in the 1920s can be characterized by overproduction of consumer goods and __________.
A.
declining interest in speculation in the stock market
B.
heavy government regulation over key industries
C.
increasing debt from overuse of credit
D.
weak growth due to prohibition

Answer 1

A. Declining interest in speculation in the stock market

Answer 2

Answer:

C.

increasing debt from overuse of credit

Explanation:

Many Americans couldn't comprehend how Credit worked. And once they had credit it was low because they had MOUNTAINS of debt.

The lesson is not don't spend money you don't have. Its that easy.