miyaescobar miyaescobar

11-09-2017
History

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What effect did the use of credit have on the economy in the 1920s?

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kendall30 kendall30

11-09-2017

It caused the Great Depression, since people invested in buying luxurious things, which caused a great amount of debt for themselves. Rising debt led to restrictions on new loans, more bankruptcies, etc.

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23reyesa 23reyesa

01-12-2021

Answer:

It made the economy weaker.

Explanation:

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