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how did consumers weaken the economy in the late 1920s? consumers only …

Question

how did consumers weaken the economy in the late 1920s?
consumers only bought a limited number of products.
consumers bought too many goods they could not afford.
consumers refused to pay high prices for agricultural goods.
consumers increased their spending and only used cash.

Explanation:

Brief Explanations

In the late 1920s, the use of installment plans (buying on credit) became widespread. Consumers purchased goods like cars, radios, etc. on credit. When they couldn't keep up with payments, it led to financial instability. This over - extension of credit by consumers was a factor in weakening the economy as it created a false sense of demand and later led to defaults and economic strain.

Answer:

B. Consumers bought too many goods they could not afford.