Some of the industries were in trouble.
Easy credit helped hide the weakness in the economy in the 1920's.
Easy credit helped hide the weakness in the economy in the 1920's.
Easy credit helped hide the weakness in the economy in the 1920's.
Easy credit helped hide the weakness in the economy in the 1920's.
Two signs of weakness in the economy in the 1920's was that many people were buying on margin which means buying with loans, if people able to pay back the loan the would loose also buying with credit.
it is harder too controll
the American dollar itself since it is being printed en mass to the point it is worthless due to it leaving track form how much gold the country has
the American dollar itself since it is being printed en mass to the point it is worthless due to it leaving track form how much gold the country has
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.
It was a plantation economy that existed in colonial times
agriculture
A traditional economy is an economy based on custom and tradition.The main strength is each person has job. There is less crime. There is no over consumption and surplus.The main weakness is they are poor. There is no innovation or it is not valued.