The fact that, by 1929, Americans bought 60 percent of their cars and 80 percent of radios on the installment plan was evidence that

Question

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The widespread use of installment plans for purchasing cars and radios indicates that the economy was increasingly reliant on mass consumption, as these plans made it possible for more people to afford new technologies by paying for them over time. This reflects an economy growing through consumer spending.

The Fact That, by 1929, Americans Bought 60 Percent of Their