During the 1920's income distribution favored the middle class which held 42% of the income and wealth generated. true false

The given statement "During the 1920's income distribution favoured the middle class which held 42% of the income and wealth generated" is true.

Option A

Explanation:

The 1920s witnessed the United States of America emerging as the world's power due to the victory in the World War I. After the end time of the World War I, the United States of America controlled a major chunk of the production in the world due to the massive crash of the European markets. Although the income distribution favoured the middle class which held 42% of the revenue and wealth generated, the unemployment rate never rose above 4%.

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