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What was the American economy like following ww1 and then trough the 1920s?
Following World War I, the American economy initially experienced a brief post-war recession, but it quickly rebounded, leading to significant economic expansion throughout the 1920s. This decade, often referred to as the "Roaring Twenties," was marked by rapid industrial growth, technological advancements, and a booming stock market. Consumerism surged, fueled by easy credit and mass production, leading to a culture of spending. However, this economic prosperity also masked underlying issues, including income inequality and speculative investments, which would eventually contribute to the Great Depression at the decade's end.
What were the conditions in Italy in the 1920s?
In the 1920s, Italy was under a fascist regime and the economy was in terrible condition. Much of the population faced hunger, unemployment, and poverty.
How was the lower class affected by the economy in the 1920s?
They did not benefit as much as the middle and upper classes.
The weakest element in the economy during the 1920s was?
Overproduction
How did the presidents contribute to the prosperity of the 1920s?
They were largely inactive and allowed businesses to grow unregulated.
What product was the backbone of American economy in 1920s?
a
What word best describes American economy in the 1920s?
fluctuating
How did the booming economy of the 1920s lead to changes in the American life?
During the 1920s, there was a surge in consumerism and materialism. Americans bought more and cared about conspicuous consumption
How did the booming economy of the 1920s lead to change in American life?
During the 1920s, there was a surge in consumerism and materialism. Americans bought more and cared about conspicuous consumption
Improved mass- production techniques affected the American economy of the 1920s by?
reducing prices of consumer goods.
The growth of the nation's economy during the 1920s was called .?
The growth of the nation's economy during the 1920s was called urbanization.
The growth of the nations economy during the 1920s was called?
The growth of the nation's economy during the 1920s was called urbanization.
What industry had the biggest impact on the economy in the 1920s?
Automotive
What word describes Americans economy in the 1920s?
fluctuating
What were the signs of unsound economy in the 1920s?
unequal distribution of wealth.
What was the US economy like in the 1920s?
Go to bing images
What helped the weakness in the economy in the 1920s?
Easy credit helped hide the weakness in the economy in the 1920's.
