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Question
how did consumers weaken the economy in the late 1920s?○ consumers only bought a limited number of products.○ consumers bought too many goods they could not afford.○ consumers refused to pay high prices for goods.○ consumers increased their spending and used only cash.
In the late 1920s, widespread use of credit led consumers to purchase goods they could not afford. This overextension of credit created unsustainable debt, and when consumers could no longer make payments, demand collapsed, contributing to economic instability and the Great Depression. The other options do not align with the key issue of over-reliance on credit for unaffordable goods.
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B. Consumers bought too many goods they could not afford.