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What was the foundation of the seemingly robust economy of the 1920s?
Wiki User
∙ 9y ago
After World War I, the American economy boomed for a decade. Part of it was profit from the war, but it was largely based on people purchasing products on credit and owing a great deal of debt. This caused the economy to seem successful, although it would inevitably crash.
Wiki User
∙ 9y ago
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The growth of the nation's economy during the 1920s was called .?
The growth of the nation's economy during the 1920s was called urbanization.
The growth of the nations economy during the 1920s was called?
The growth of the nation's economy during the 1920s was called urbanization.
What industry had the biggest impact on the economy in the 1920s?
Automotive
What was the US economy like in the 1920s?
Go to bing images
What were the signs of unsound economy in the 1920s?
unequal distribution of wealth.
The growth of the nations economy during the 1920s was called?
The growth of the nation's economy during the 1920s was called urbanization.
The growth of the nation's economy during the 1920s was called .?
The growth of the nation's economy during the 1920s was called urbanization.
The general mood that prevailed in the 1920s was?
Optimism was the general mood of the 1920's. People were optimistic because the economy was seemingly doing well, there were jobs, and people could afford to do things they could never before.
What product was the backbone of American economy in 1920s?
a
What evidence suggests that the prosperity of the 1920s was not on a firm foundation?
answer this plz!!!!
What industry had the biggest impact on the economy in the 1920s?
Automotive
What word describes Americans economy in the 1920s?
fluctuating
What were the signs of unsound economy in the 1920s?
unequal distribution of wealth.
What was the US economy like in the 1920s?
Go to bing images
What word best describes American economy in the 1920s?
fluctuating
What helped the weakness in the economy in the 1920s?
Easy credit helped hide the weakness in the economy in the 1920's.
During the 1920s the us economy was in what phase of the business cycle?
expansion
