what was going on in the US in 1917 1918 1919 1920 economically speaking?

Answer 1

Between 1917 and 1920, the U.S. economy was heavily influenced by World War I. In 1917, the U.S. ramped up production to support the war effort, leading to increased industrial output and employment. After the war ended in November 1918, the economy initially boomed, but by 1919, inflation surged due to pent-up consumer demand and supply chain disruptions. This economic volatility continued into 1920, culminating in a brief recession marked by rising unemployment and deflation, as the country transitioned from wartime to peacetime production.