The Rapid Growth in Stock Prices During the 1920s Was

question 120

Multiple Choice

The rapid growth in stock prices during the 1920s was due in large part to

• A) the expansionary monetary policy of the Federal Reserve.
• B) the wartime demand for military equipment and supplies.
• C) the artificially high value of the dollar, which eventually led to the stock market crash of 1929.
• D) the technological innovations of the decade, which spurred economic growth.

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