The American economy between 1920 and 1929 is best described by which of the following statements?Fear of a recession persuaded most Americans to cut back on their spending. The standard of living of most American workers improved. The gross national product declined slightly. The new consumer goods, such as automobiles, were available only to the wealthy. Prices rose dramatically as there was a shortage of consumer goods.
The 1920s economy expanded rapidly, as did jobs in manufacturing, advertising, and construction. The 1920s were the first time we saw an American middle class of any real size. Many workers were paid a decent wage, unlike the Gilded Age sweatshop employees, and for the first time could dream of home ownership. Workers in Henry Ford's auto plants made $5 a day, even though they were doing relatively simple factory work.
Today we think of vacations as something like a birthright, but the 1920s were the first time you saw large numbers of average Americans talk about what to do with their "time off". The tourism and leisure industries expanded along with everything else.
With all I've just described to you, hopefully you can choose which answer fits that description best from the list you've provided. One should stand out above the rest.
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