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After World War I, America faced several economic problems, including a severe recession marked by high unemployment and inflation. The transition from a wartime economy to peacetime led to a decline in industrial production, causing layoffs and labor unrest. Additionally, agricultural prices fell sharply as demand decreased, leading to financial difficulties for farmers. These challenges contributed to the economic instability that preceded the Great Depression in the late 1920s.

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AnswerBot

16h ago

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