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How did people feel about consumer items in the ‘20s?

a) They didn't want to get caught up in material possessions.

b) They thought factory products were junk.

c) They wanted to buy things.

d) They felt they should wait until they had saved enough to buy the items.

What did it mean to buy stocks "on margin"?
a) Buy and sell orders to traders were written in the margins of documents.

b) Stocks were bought on credit and the loan paid off when the stock was sold.

c) The stocks were bought at marginal prices and sold for big profits.

d) The stocks were bought at high prices and sold for very little.

Respuesta :

Answer:

1) C
2) B

Explanation:

For the first question, the answer is C.
This is because, in the 1920s, consumer goods became more readily accessible to working-class people. This is because of industrialization and increased economic prosperity (hence the phrase "roaring 20s").

For the second question, the answer is B.
Buying on margin is the purchase of an asset by paying a small amount and borrowing the rest of the balance from a bank or broker—for example, 10% down and 90% financed.

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