Answer:
True.
Explanation:
After World War I, there was growing optimism and economic growth in America. The use of the car grew rapidly, and people distanced themselves from many of the social conventions that had already been challenged during the war. There was a lot of investment in shares of car manufacturers in particular and optimism increased by hand. However, this lost sight of realism, especially the fact that the market was becoming saturated, companies had already started laying off staff, and the economy slowed down. When the bubble burst and stock prices plummeted, the mood turned quite suddenly into panic. This was followed by a very severe and protracted economic depression, the Great Depression.
