All of these factors were true of the 1920s based on what Hemingway's and Fitzgerald wrote about.
According to these authors, this was the period that a lot of Americans adopted the spirit of consumerism as well as a lot of excessive spending.
This period is characterized by a rise in their spending culture and they seemed to be so disillusioned about life.
Read more on the lost generation here:
https://brainly.com/question/1738269
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