what effect did the use of credit have on the economy in the 1920s?\nit made the economy stronger.\nit made…
what effect did the use of credit have on the economy in the 1920s?\nit made the economy stronger.\nit made the economy weaker.\nit made parts of the economy stronger.\nit solved the problem of overproduction.
Answer
Answer:
It made parts of the economy stronger.
Brief Explanations:
In the 1920s, credit led to increased consumer spending on items like cars and appliances, boosting related industries. However, it also contributed to debt - accumulation and over - speculation in the stock market. So, it strengthened some sectors but also had negative long - term implications, making parts of the economy stronger being the most accurate short - term effect among the options.