how did the overproduction of goods in the 1920s affect consumer prices, and in turn, the economy?\nconsumer…

how did the overproduction of goods in the 1920s affect consumer prices, and in turn, the economy?\nconsumer demand increased, prices decreased, and the economy grew.\nprices increased along with consumer demand, and the economy grew.\nconsumer demand decreased, prices decreased, and the economy slowed.\nconsumer demand decreased, prices decreased, and the economy grew.\nprices increased, consumer demand decreased, and the economy grew.

how did the overproduction of goods in the 1920s affect consumer prices, and in turn, the economy?\nconsumer demand increased, prices decreased, and the economy grew.\nprices increased along with consumer demand, and the economy grew.\nconsumer demand decreased, prices decreased, and the economy slowed.\nconsumer demand decreased, prices decreased, and the economy grew.\nprices increased, consumer demand decreased, and the economy grew.

Answer

Brief Explanations:

When there is overproduction of goods, the supply in the market exceeds demand. This leads to a surplus of products. As a result, consumers have more choices and less urgency to buy, so consumer demand decreases. To sell the excess goods, producers lower prices. With decreased demand and lower - priced goods, economic activity slows down as businesses make less profit and may cut production and jobs.

Answer:

Consumer demand decreased, prices decreased, and the economy slowed.