How did installment plans affect the american economy in the 1920's?

Answers

Answer 1
Installment plans helped the American economy to grow during the 1920’s. As more modern appliances were being produced, installment plans helped people who were not rich to be able to purchase these items. Because the middle class was able to purchase these items, demand was high which created more jobs for people in factories and more opportunities for companies to grow.
Answer 2
Final answer:

Installment plans of the 1920s boosted the American economy by stimulating consumer spending and increasing production and employment in the manufacturing sector. However, they also created a cycle of debt that was exacerbated by the Great Depression.

Explanation:

The installment plans of the 1920s had a significant influence on the American economy. These plans allowed consumers to buy goods over an extended period of time without having to pay the full price upfront. The result was a surge in consumer spending which greatly stimulated the economy.

Companies and businesses benefited from increased sales. As the demand for products, like cars and household appliances, grew so did the production. This led to more job opportunities and a boom in the manufacturing sector.

However, these installment plans also ignited a cycle of debt. Many people were buying goods beyond their means leading to large amounts of personal debt. When the Great Depression hit in the late 1920s, many individuals defaulted on their installment plans amplifying the economic crisis.

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Related Questions

What was the significance of the case of marbury v. madison? week 8?

Answers

The significance was that the ruling in that case gave the Supreme Court of the United States the power of judicial review.

Read this excerpt from Senator Albert J. Beveridge’s speech "March of the Flag.” Why could it be considered a biased source?

a It addresses a controversial, hot-button issue.
b It was given by a man holding a political office.
c It presents an unfair opinion of a group of people.
d It does not provide supporting reasons for a point of view.

Answers

Final answer:

Senator Albert J. Beveridge's speech could be considered biased due to presenting an unfair opinion, being delivered by a politician, and addressing a controversial issue, all of which may shape its perspective and lack a balanced viewpoint.

Explanation:

The excerpt from Senator Albert J. Beveridge's speech could be considered a biased source because it presents an unfair opinion of a group of people, was given by a man holding political office, and addresses a controversial issue. In historical analysis, recognizing bias is critical because it helps in understanding the context and perspectives that influenced the source. Senator Beveridge openly questioned why minorities within the United States did not have citizenship and self-government rights while discussing the rights of Pacific Islanders and Caribbean people, revealing a strong point of view that shaped his argument and could influence its interpretation.

Moreover, determining the writer's purpose, researching the author, and distinguishing between fact and opinion are important steps in identifying bias. In political speeches such as Beveridge's, the rhetoric often has the dual purpose of informing and persuading the audience, thereby containing a selection of sources and reasons that support the speaker's viewpoint. This can result in a source that may not provide a balanced perspective or acknowledgment of all relevant viewpoints, depicting bias by selection and presentation.

Answer:

C - It presents an unfair opinion of a group of people.

Explanation:

Cuz im smart and your not

Where did the first flight of an aircraft take place?where did the first flight of an aircraft take place?

Answers

Near Kitty Hawk, North Carolina, Orville and Wilbur Wright make the first successful flight in history of a self-propelled, heavier-than-air aircraft. Orville piloted the gasoline-powered, propeller-driven biplane, which stayed aloft for 12 seconds and covered 120 feet on its inaugural flight.
Final answer:

The first flight of an aircraft was carried out by the Wright brothers in Kitty Hawk, North Carolina in 1903. Despite initial skepticism about the feasibility of long-distance air travel, advancements were made, with Charles Lindbergh making the first solo transatlantic flight in 1927.

Explanation:

The first flight of an aircraft took place in Kitty Hawk, North Carolina in the United States. This groundbreaking event was carried out by the Wright brothers, Orville and Wilbur, on December 17, 1903, marking a crucial turning point in transportation and engineering history. This flight predates the improvements in air travel during the 1920s, which saw an increase in the use of airplanes for long-distance travel.

Despite initial skepticism about the feasibility of long-distance air travel, significant strides were made. Most notably, in 1927, Charles Lindbergh completed the first solo flight across the Atlantic Ocean, from New York to Paris, debunking the doubts held by Orville Wright and others. This historic event sparked a tremendous growth in the burgeoning airline industry, with companies like Boeing and Ford designing airplanes specifically for passenger air transport.

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How did an occupation-based social hierarchy support zhou rule?

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Zhou dynasty is known for its unique social hierarchy. It was effective because of the power given to the military. The social structure gives power to the highest official of the dynasty which is the emperor. They were able to attain a reliable foundation of their government because of this social hierarchy.

The Mid-Atlantic Ridge crosses through Iceland. Physical features such as tensional fractures and cinder cone volcanoes are all aligned NE-SW. What does this indicate about the directions the tectonic plates are moving?

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The Mid-Atlantic Ridge is a large zone of divergence in the middle of the Atlantic ocean. It surfaces on land on Iceland. It is the region where the Eurasian and African plates are moving away from the North and South American plates. This trend in the pattern of volcanoes and tensional features indicate that the plates are moving away from each other in the direction NW-SE.

What should the draft of an informative essay include? Check all that apply.

a strong introduction
properly cited sources
an informal style
a biased viewpoint
historical perspective
ineffective transitions

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A, B, and C are the correct answers. Is you can include a historical perspective, then you definitely should

A, B, E are correct:

a strong introduction

properly cited sources

historical perspective

What would happen if a proposed amendment were not ratified by three-fourths of the states?

Answers

it goes back to where it was last passed through, it is revised and sent back to the house/committee that didn't pass it, or it is killed then we wont have to buy every thing we will just steal every thing and the cops wont be able to do nothing

How were the north and south different during the america's industrial revolution?

Answers

The economy of the North was based on manufacturing. Many immigrants from Europe began working in factories and producing goods used by people in the North. Many factories began producing textiles (cloth) with the cotton grown in the South.

Anti-federalists refused to ratify the constitution unless __________.

Answers

The answer is A bill of right is added
Final answer:

Anti-Federalists refused to ratify the Constitution unless a Bill of Rights, which they considered crucial for protecting individual liberties, was promised to be included post-ratification. Their opposition was strong enough to nearly derail the ratification process. Eventually, the Federalists' promise to include a Bill of Rights led to the Constitution's ratification.

Explanation:

The Anti-Federalists were a group who opposed the ratification of the Constitution because they feared it would concentrate too much power in a centralized government and consequently threaten individual rights and liberties. The main point of contention for the Anti-Federalists was the absence of a Bill of Rights in the original Constitution, which they believed was integral for protecting individual rights. These opponents did not form a political party, but collectively pushed for a Bill of Rights and some states, particularly the larger ones like New York and Virginia, refused to ratify the Constitution until a Bill of Rights was promised.

Anti-Federalists feared that without such specific protections, the federal government's capacity to act without restriction could impact individual rights and liberties. The Constitution, they believed, lacked specific guarantees to protect individual liberties. The resistance from Anti-Federalists was so strong that it nearly derailed the ratification process.

In response to these concerns, Federalists guaranteed the inclusion of a Bill of Rights following the Constitution's ratification. Eventually, this promise convinced the Anti-Federalists to support the Constitution, allowing it to be ratified and becoming the law of the land with the approval of New Hampshire in June 1788, followed by the acceptance of larger and prosperous states like Virginia and New York, and the rest thereafter.

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What does Paine say about the argument that Britain has defended the colonies in the past?

A. That Britain only did so out of self-interest

B. That Britain created conflict so its protection seemed needed

C. That the colonists should have protected Britain

D. That the colonists never really needed the help

Answers

Answer:

Option A.

Explanation:

That Britain only did so out of self-interest , is the correct answer.

Thomas Paine was a commentator and author from America. His works such as the "Common Sense" and others inspired Western Revolution and assisted to overlay the track for the Declaration of Independence. He composed his work Common Sense in the year 1775–76 in support of independence from Great Britain to individuals in the Thirteen Colonies.

Answer:

the answer is a

Explanation:

How many years has jack markell been in office?

Answers

2009 - 2017 Was When He Started Office and Ended or Continued

Why did fewer cities develop in the south during the 1700s?

Answers

Fewer cities developed in the South because there was little need for them.

Some colonists refused to renounce their mother country of britain. instead they hoped for

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Reconciliation, the colonist felt they had a bond with Britain, after all, it was their homeland. Not everyone wants a revolution and some wanted to reconcile with the British as they felt they had a connection to it. However, that did not happen. 

This is a term originally used to describe a member of congress who advocated going to war with great britain in 1812.

Answers

That would be the term War Hawks. 


pls help me
Technological innovation, such as the telegraph, telephone, and electric light bulb led to

no impact on the development of industry in the US


greater connectivity and productivity for the development of industry in the United States.


increased national debt for consumers purchasing new inventions causing a massive recession


decreased connectivity and productivity for the development of industry in the US

Answers

I Think its B. Sorry if not right..

greater connectivity and productivity for the development of industry in the United States

Complete a chart about colonial victories and defeats during the Revolutionary War.

1. American Commander of Lexington/Concord, Return March to Boston, Battle of Trenton, Seizure of Seraphis, and Battle of Yorktown.

2. British Commander of Lexington/Concord, Return March to Boston, Battle of Trenton, Seizure of Seraphis, and Battle of Yorktown.

3. American Strategy of Lexington/Concord, Return March to Boston, Battle of Trenton, Seizure of Seraphis, and Battle of Yorktown.

4. British Strategy of Lexington/Concord, Return March to Boston, Battle of Trenton, Seizure of Seraphis, and Battle of Yorktown.

5. Victor of Lexington/Concord, Return March to Boston, Battle of Trenton, Seizure of Seraphis, and Battle of Yorktown.

6. Significance of Lexington/Concord, Return March to Boston, Battle of Trenton, Seizure of Seraphis, and Battle of Yorktown.

Answers

3,1,2,4,6,5 is the order of how the chart should be turned.

How does the federal government regulate the american economy in order to provide economic security?

Answers

focusing on stability

in washingtons farewell address he urged the nation to

all of the above

avoid creating strong political bonds with foreign countries

build trade relationships with other countries

avoid forming political parties

Answers

avoid forming political parts

When comparing the House of Representatives and the Senate:
A) they both have legislators elected for four year terms

B) they both submit legislation, pass laws and offer amendments

C) all of their legislation is subject to both Presidential veto and judicial review

D) special interest groups can get Senators to submit legislation but not House Representatives

Answers

The answer is B, they both submit legislation, pass laws, and offer amendments.

The correct answer is D) special interest groups can get Senators to submit legislation but not House Representatives.

When comparing the House of Representatives and the Senate, special interest groups can get Senators to submit legislation but not House Representatives.

The Congress of the United States is divided into two: the House of Representatives and the Senate. The Senate is also called the upper chamber and the House of Representatives, the lower chamber. The House of Representatives is comprised of 435 members elected for a two-year term. The Senate has 100 members serving terms of six years. When comparing the House of Representatives and the Senate, special interest groups can get Senators to submit legislation but not House Representatives.

In ______________ federalism, the powers and policy assignments of different levels of government are like a marble cake, with mingled responsibilities and blurred distinctions between layers of government.

Answers

The answer is "In dual federalism"

the primary goal of the federal reserve system is to

Answers

there goal was, to achieve stable prices, full employment, and economic growth. Hope this helps, good luck. 

What is a Hooverville? What is a Hoover flag? What caused people to name these things?

Answers

Final answer:

A 'Hooverville' was a shantytown built during the Great Depression and a 'Hoover flag' was a term used to describe an empty pocket turned inside out. Both terms reflect the public's perception of President Herbert Hoover's inadequate response to the economic crisis of the era.

Explanation:

What is a Hooverville?

A Hooverville refers to a shantytown built by homeless people during the Great Depression. These makeshift villages, composed of tents and shacks, sprang up across the United States as individuals lost their jobs and homes. The term 'Hooverville' is a derisive nickname that implicates President Herbert Hoover for the suffering of many Americans during the depression, though it was not necessarily a reflection of belief that Hoover caused the economic downturn but rather was linked to his reluctance to provide direct government aid to those in need.

What is a Hoover Flag?

A 'Hoover flag' was a term used during the Great Depression to describe an empty pocket turned inside out, symbolizing a lack of money. This term, like 'Hooverville,' signified the economic hardship faced by American citizens and their perception that President Hoover was neglecting their plight.

Context and Causes

The Great Depression led to widespread poverty and unemployment, and people's disappointment with President Hoover's policies, particularly his resistance to providing direct aid, led to the creation of terms like Hooverville and Hoover flag. This public sentiment was evident in the 1932 election, where protest signs were seen warning to vote against Hoover if a ride was not provided to hitchhikers.

Explain how the sinking of the lusitania affected the us decision to enter the war

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Americans were allied with the British and it's was mostly because there were Americans on that ship

Did christopher columbus land in florida

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He did not land in Florida, but he made 4 voyages to central america. 

Did eli whitney made 15000 pistols for the us government

Answers

Yes Eli Whitney did make 15,000 

What did columbus bring with him from europe that caused the most harm in the new world?

Answers

diseases like small pox. Europeans where in a way adapted to it, but the people in the new world did not stand a chance because they did not encounter it before.

Answer:

diseases

Explanation:

Many historians have argued that the conditions represented in the novel The Jungle were caused by

Answers

Managers looking to save costs and get more money for themselves by creating unfair conditions.
Sadly, the general idea back then was that workers were disposable like matches and they didn't matter.

A) the country's strict belief in laissez-faire economics.

Explain how the system of checks and balances slows down the process of government

Answers

I wouldn't say the system of checks an balances slows down the process, but keeps in line. Lets say the US is creating a treatie with Niger, will the president will be the one to negotiate whats in it but the senate checks the presidents power by allowing it or denying it. 

The check-and-balance system slows down the governing process because Each of the three branches of government can restrain the authority of the others through checks and balances.

What government?

A government refers to an administrative system developed to mnaintian the functioning of any country by maintaining peace and order by implementing laws and legislation of the constitution and providing better facilities to its citizens.

Governmental processes are slowed down by the checks and balances system because The three branches of government can restrain the others' authority through checks and balances.

Laws are created by the legislative branch, but the President, who is part of the executive branch, has the right to nullify them. The judicial branch has the authority to declare laws passed by the legislative branch to be unlawful.

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How does the peacekeeping solution adopted by the congress of vienna?

Answers

2. Peacekeeping today implicates the stationing of troops in order to separate oposing parties as a first stage in the peacefull search of a common solution suitable for both parties.

The Vienna Congress in fact was a convent that was aimed at redesigning the map of Europe, goal was to restore France in it's limits of 1789 and redistribute the territorial gains of the French Empire to those countries they had been taken from.

Certain countries to close to Napoleonic ideas and way of life were simply ignored or overruled and smaler ones simply integrated to larger ones. Belgium for example was used as buffer zone between the Netherlands and France as a protection from any eventual attack coming from France in the Future. Thiscountry was an artificial creation of the Vienna Congress, it was annexed to the Empire of the House of Orange as a southern province before a revolution in 1830 split them from the Netherlands into independancy.

These countries were partly occupied by massive troops formations in order to fight any trial of opposing the new established government. There was no search of a peacefull solution, but an imposed one!

The Congress of Vienna's peacekeeping solution after defeating Napoleon in 1815 was to restore balance and deter France from regaining dominance, resulting in nearly a century of relative peace in Europe until the onset of World War I.

The peacekeeping solution adopted by the Congress of Vienna in 1815 post-Napoleon was distinguished by a collaborative effort led by the major European powers of the time. The Congress, which included Austria, Prussia, Russia, Great Britain, and eventually France, aimed to prevent the spread of liberalism and nationalism erupting from the French Revolution. Through the redrawing of continental boundaries, imposition of a modest indemnity on France, and establishment of a conservative, monarchical order, the Congress of Vienna established a balance of power among these nations, thereby laying down the foundation for an era known as the Concert of Europe. This new alliance not only resolved to contain France but also pledged to maintain European stability and prosperity by acting in concert on international issues.

In doing so, the Congress helped to instigate a long peace until the outbreak of the First World War in 1914, which showcased an advancing approach to diplomacy based on negotiation, cooperation, and the establishment of norms and rules. Traditional methods like punishing the aggressor harshly, as seen after World War I, were eschewed in favor of a peace settlement that included France as an equal partner rather than a maligned enemy, thanks largely to the diplomatic acumen of Talleyrand.

Despite its intentions, the peace established by the Congress of Vienna was not to last indefinitely. The underestimation of the prevailing national and liberal sentiments led to renewed conflict as the 19th century progressed, and Europe eventually found itself on the brink of yet another catastrophic conflict by the early 20th century.

Explain why new england led the way in industrialization

Answers

They needed water and new england had fast moving rivers and for transportation had ships to access ocean and new england had a willing laboor force
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