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In 1920, Americans experienced a mix of optimism and uncertainty in the economy. Following the end of World War I, there was a brief post-war recession, leading to concerns about inflation and unemployment. However, many were also hopeful about the potential for economic growth and advancements in technology and consumer goods, which characterized the Roaring Twenties. This period ultimately set the stage for increased consumerism and a booming economy, despite the challenges of the immediate post-war years.

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Why do Americans want the government to intervene in their free enterprise economy?

Not all Americans want the government to interfere in the free enterprise economy. Those that do, feel that companies need stiff regulations placed on them for environmental reasons, and tax reasons, as well as for economic and social reasons. Many people feel it's wrong for big companies and CEOs to be very rich while workers and other people are poor and struggling.


How did Americans feel about the present economy and future econom in the 1920s?

In the 1920s, many Americans were optimistic about the economy, as the decade was marked by significant industrial growth, technological advancements, and the rise of consumer culture. The stock market boomed, and people enjoyed increased disposable income, leading to a sense of prosperity and confidence in the future. However, this optimism was not universal; some were wary of the speculative excesses and inequalities that accompanied this economic expansion. Ultimately, this period of prosperity would set the stage for the economic turmoil of the Great Depression at the decade's end.


Why do Americans feel that poverty is a result of personal inadequacies of the poor themselves?

A result of our Puritan heritage.


How is the American economic system organized?

The government doesn't organize the economy. They can try and fiddle with it, but an economy is people interacting with each other. You should do some reading, because I feel you don't have a strong grasp of economics.


What do supporters of socialism generally feel about capitalism?

Socialists generally feel capitalism is an outdated form of organizing an economy that needs to be replaced by a socialist economic system.Capitalism leads to inequality among citizens.

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Why did many Americans feel disappointed with reconstruction?

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