How did easy consumer credit help the U.S. economy during the early 1920s?

Unemployment dropped because people had to find jobs to make their payments.

Farmers sold more crops directly to consumers and so made more profits.

Interest payments on personal debt allowed banks to make large investments.

People bought more goods and created high demand for new products.

Question

How did easy consumer credit help the U.S. economy during the early 1920s?

 Unemployment dropped because people had to find jobs to make their payments.

 Farmers sold more crops directly to consumers and so made more profits.

 Interest payments on personal debt allowed banks to make large investments.

 People bought more goods and created high demand for new products.

anonymous · Answer

C) intrest payments on personal debt allowed banks to make large investments; hence when the great depression came in the 1930's and people no longer dished out their payments accordingly, the banks couldn't pay off it's debts

anonymous · Answer

Correct Answer: B. Farmers sold more crops directly to consumers and so made more profits.

I took the test three times and the last choice was B!

anonymous · Answer

it isn't B i just took the test

anonymous · Answer

@itseddie it has to be because I got them all wrong and I tried three times.

anonymous · Answer

The correct answer is D!
i just took the test

anonymous · Answer

CORRECT ANSWER: D

anonymous · Answer

Ugh, I chose B, which is wrong. Its D.