In the 1920s, the world economy was significantly influenced by the strength of the U.S. economy, which emerged as a dominant global power following World War I. The U.S. experienced rapid industrial growth and consumerism, leading to increased exports and foreign investments. Many countries relied on American goods, capital, and financial markets, creating a web of economic interdependence. This reliance contributed to the global impact of the U.S. economic downturn during the Great Depression at the end of the decade.
U.S. factories produced half of the world's industrial goods?
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 urbanization.
Automotive
Easy credit helped hide the weakness in the economy in the 1920's.
U.S. factories produced half of the world's industrial goods?
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 urbanization.
a
Easy credit helped hide the weakness in the economy in the 1920's.
Automotive
fluctuating
They use to rely on coffee, cacao or crops, but petroleum changed their economy in the 1920s.
Easy credit helped hide the weakness in the economy in the 1920's.
unequal distribution of wealth.
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fluctuating