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What were the reasons for the economic expansion and recovery that began in 1922?
Wiki User
∙ 13y ago
Higher wages led to more consumption which led to standardized mass production coming from factories and machines. New technology from WWI and the need for production stimulated the steel industry and creation of new industries. The appliance industry and automobile industry also sold much merchandise and stimulated other industries. It was a large chain reaction set of mainly by WWI.
Wiki User
∙ 13y ago
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