What inability during the 1920s marked a significant economic downturn for the U.S.? 🔊
The inability of the U.S. during the 1920s that marked a significant economic downturn was an over-reliance on consumer credit and unsound stock market practices, leading to the stock market crash of 1929. This period, known as the Roaring Twenties, saw unprecedented economic growth, but it was built on shaky foundations. Many Americans purchased consumer goods and stocks on margin, leading to inflated asset prices. When stock prices began to fall, panic ensued, resulting in massive sell-offs and ultimately the crash. This marked the beginning of the Great Depression, dramatically impacting the U.S. economy and leading to widespread unemployment and hardship.


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