Question

while consumerism during the 1920s boosted the economy, it also led to
more savings.
higher debt.
lower debt.
fewer stocks.

Explanation:

In the 1920s, consumerism grew alongside the rise of installment plans, which allowed people to purchase goods on credit. This led many consumers to take on debt to afford new products, rather than saving or reducing debt. Stock ownership actually increased during this era as part of economic speculation, so fewer stocks is incorrect.

Answer:

higher debt.