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which best describes what people could buy on credit in the 1920s? peop…

Question

which best describes what people could buy on credit in the 1920s? people could buy only expensive goods, such as cars. people could buy stocks and goods from most stores. people could not buy stocks but could buy expensive items. people could buy only essential goods from limited stores.

Explanation:

Brief Explanations

In the 1920s, the concept of buying on credit expanded. People could use credit to purchase a variety of things. Buying stocks on margin (a form of credit for stocks) was common, and many stores offered credit for goods. The idea that only expensive goods (not just cars) or only essential goods could be bought on credit is incorrect. Also, the option that people could not buy stocks is wrong as buying stocks on credit (margin buying) was a feature of the 1920s economy.

Answer:

People could buy stocks and goods from most stores.