Overproduction
During the 1920s consumers which are the people buying, started to get more jobs. Real GNP growth during the 1920s was fast, 4.2 percent a year from 1920 to 1929. Real GNP per capita grew 2.7 percent per year between 1920 and 1929. And that caused consumers to buy more items. For Example: Ford's Model T.
In the 1920s, Italy was under a fascist regime and the economy was in terrible condition. Much of the population faced hunger, unemployment, and poverty.
during the 1920s people bought on margin and factories boomed
They did not benefit as much as the middle and upper classes.
The growth of the nation's economy during the 1920s was called urbanization.
The growth of the nation's economy during the 1920s was called urbanization.
During the 1920s, there was a surge in consumerism and materialism. Americans bought more and cared about conspicuous consumption
expansion
coolidge prosperity
we now have eggrolls and wontons
i believe it was the farming industry
Overproduction
During the 1920s, there was a surge in consumerism and materialism. Americans bought more and cared about conspicuous consumption
Niggahh Shut up
The United States economy was in recession due to the spending of World War I during the 1920s. This caused the Depression where there was a decline in real products.
more goods were being produced than consumers could buy