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can someone answer this question?
Wiki User
∙ 14y ago
Wiki User
∙ 11y agowell the stock market crashed due to the large amounts of credit people had built up. People used money that they didn't have and it caught up to them.
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Why did the US economy collapse in 1920?
The United States economy was in recession due to the spending of World War I during the 1920s. This caused the Depression where there was a decline in real products.
One sign that the economy might be weakening in the 1920s was?
One sign that the US economy might be weakening in the 1920's was the failure of the area banks. Along with the banks failures there was an underproduction of goods due to lack of money.
What helped hide the weakness in the economy in the 1920?
Easy credit helped hide the weakness in the economy in the 1920's.
Is spending good for the economy?
Spending money is what defines an economy. If we were all self-sufficient, the economy would collapse.
What period did the US economy collapse?
The Great Depression
Why did the US economy collapse in 1920?
The United States economy was in recession due to the spending of World War I during the 1920s. This caused the Depression where there was a decline in real products.
One sign that the economy might be weakening in the 1920s was?
One sign that the US economy might be weakening in the 1920's was the failure of the area banks. Along with the banks failures there was an underproduction of goods due to lack of money.
Will the United States ever collapse?
Yes the economy of United States of America collapse.
Why did Congo's economy collapse?
the civil warfare
Why did the economy collapse after the stock crash?
idkk
What helped hide the weakness in the economy in the 1920?
Easy credit helped hide the weakness in the economy in the 1920's.
What did the election of William Mckinley lead to the collapse of?
The election of William Mckinley led to the collapse of the economy
Is spending good for the economy?
Spending money is what defines an economy. If we were all self-sufficient, the economy would collapse.
What period did the US economy collapse?
The Great Depression
What helped hide the weakness in the economy in the 1920's?
Easy credit helped hide the weakness in the economy in the 1920's.
What were some ways that our economy grew in the 1920's?
The economy grew in the 1920's due to World War I. Many industries and businesses were created in the 1920's as a result of the war.
What type of economy does armenia have?
Armenia switched from a communist economy to a capitalist economy, as all the former Soviet states did after the collapse of the USSR.
