amayahispretty amayahispretty
  • 03-05-2022
  • History
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How was the distribution of money changing by the end of the 1920s

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junoveno1 junoveno1
  • 03-05-2022

Answer: During the 1920s there was a pronounced shift in wealth and income toward the very rich. 1919 and 1929 the shared of income received by the wealthiest 1% of Americans rose from 12 % to 19 % while the share received by the richest five percent jumped from 24 percent to 34 percent.

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