To meet demand in the early 1920s, businesses and industries produced

A. fewer goods that were more expensive.

B. more goods that were less expensive.

C. fewer goods with less government regulation.

D. more goods with more government regulation.

Question

Social Studies

Maia Escobar

26 March, 12:39

To meet demand in the early 1920s, businesses and industries produced

A. fewer goods that were more expensive.

B. more goods that were less expensive.

C. fewer goods with less government regulation.

D. more goods with more government regulation.

+3

Answers (1)

Know the Answer?

Brennan Johns · Answer 1

The answer would be (b) they produced more goods that were less expensive. As demand for products increases, innovation and product diversity increases, leading to an increase in production, further efficiency and cost-cutting, allowing producers to lower their prices to increase sales and meet buyer demand. Government regulation restricts the market for the producers as factors such as: product safety, market equality and taxation are more regulated, which would lead to less sales/production and would not allow businesses to meet the demand as quickly.

To meet demand in the early 1920s, businesses and industries producedA. fewer goods that were more expensive.B. more goods that were less expensive.C. fewer goods with less government regulation.D. more goods with more government regulation.

To meet demand in the early 1920s, businesses and industries produced

A. fewer goods that were more expensive.

B. more goods that were less expensive.

C. fewer goods with less government regulation.

D. more goods with more government regulation.