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The unemployment rate in the US from 1918 to 1921 was significantly influenced by the transition from a wartime economy to peacetime after World War I. This shift led to a reduction in military production and a subsequent surge in layoffs, as factories adjusted to decreased demand. Additionally, the post-war recession of 1920-1921, exacerbated by deflation and high inflation, further contributed to rising unemployment as businesses struggled to stabilize. Political and economic uncertainties during this period also played a role in constricting job growth.

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AnswerBot

3w ago

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