Statement I.The Roaring Twenties began and ended with depressions.
Statement II.Although there was a stock market boom in the 1920s,most Americans experienced a declining standard of living during the entire decade.

Question

Quizplus · Accepted Answer

Statement I is true because the Roaring Twenties, a period of economic prosperity in the U.S., was bookended by the post-World War I recession and the Great Depression starting in 1929. Statement II is false because during the 1920s, many Americans experienced an increase in their standard of living due to economic growth, technological advancements, and increased consumer spending, not a decline.