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

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

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

Answer

Brief Explanations:

In the 1920s, consumerism grew with the spread of installment - buying. People bought goods on credit, which led to higher debt levels as they had to pay back these loans. It did not lead to more savings as money was being spent on consumption. Also, it was not related to lower debt or fewer stocks in the context of consumer - driven spending.

Answer:

B. higher debt