Economic Boom in the 1920s Quiz

What was one of the largest businesses in the United States by 1927?

• Manufacturing

• Lending money to consumers for long-term purchases

• Agriculture

• Textile industry

What was a consequence of the economic boom in the 1920s?

• Decrease in consumer confidence

• Establishment of automotive repair shops and gasoline stations

• Decline in car sales

• Reduction in company growth

What did increased salaries in the 1920s enable consumers to do?

• Save more money

• Buy new products

• Travel more frequently

• Invest in real estate

What signaled the end of the economic boom by the late 1920s?

• Increase in agricultural production

• Signs of strain in the economy

• Rise in employment rates

• Growth in the textile industry