During the 1920s, __________.

Name: During the 1920s, __________.
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During the 1920s, consumer debt soared due to the widespread adoption of installment buying and credit systems, which allowed people to purchase goods, such as automobiles and household appliances, by paying a small amount upfront and the rest over time. This period saw a significant increase in consumer spending and borrowing, contributing to the economic boom of the Roaring Twenties.