What were the new financial habits of Americans during the 1920s?

Americans became mass consumers of new goods and services that became available.

Americans began to buy fewer products due to the war-time footing of the economy.

Americans began to withdraw their money from banks because of fears of collapse.

Americans began to save more money for potential financial emergencies.

Respuesta :

Answer:

Explanation:

Herbert Hoover became president at a time of ongoing prosperity in the country. ... The crash, which took place less than a year after Hoover was inaugurated, ... This was not the case, however, and millions of Americans sank into grinding ... one-half its value in the fall of 1929, plunging many Americans into financial ruin.