Which of the following was true of the Florida land boom of the 1920s?

Question

Quizplus · Accepted Answer

The collapse of the boom was due, in part, to a hurricane. The Great Miami Hurricane of 1926 destroyed many of the buildings and infrastructure in the area, causing a decline in property values and investment.

Answer: D 
 It was not as big as the California land boom of the 1920s. While the Florida land boom was significant, the California land boom of the 1920s was larger, with more investors and higher property values.

Note: Option B is incorrect as it is not true. Option C is also not entirely accurate as the Florida land boom peaked in the mid-1920s, not in 1929.

Which of the Following Was True of the Florida Land