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the USA experienced huge economic boom for a number of reasons, firstly there was the surplus of raw materials which meant that the US did not have to rely on imports for manufacturing, this coincided with their isolationist stance after the first world war.
Also there were developments in technology, consumer goods and how they were produced; cars became common, the car of the age being the Model T Ford, and there was a surge in consumer electronic goods. these were all being produced much more quickly and cheaply with the introduction of assembly lines and new technologies.
furthermore there was the impact of the first world war where the US had gained further prosperity by selling arms to the allies and loaning money to aid the war effort in Europe.
moreover there was the impact of the laissez faire attitude of the republican government who supported trusts and encouraged people to become rich through low taxes and little government intervention in the economy
finally there was the changing attitudes of the US people who quickly believed they all had the right to become rich and many began to buy on credit, and enter the Stock Market which ultimately caused the Wall St Crash in 1929.
What else can I help you with?
What factors contributed to the postwar havoc?
the factors that contributed to the postwar havoc was the red scare. many people were afraid of the spread of communism. communism is a system of government in which there is no private property and there are no economic classes.
How did the postwar boom of the 1950 affect most white Americans?
The legacy of post-war economic discrimination contributed to the wealth gap between whites and non-whites that we see today.
What were some postwar problems in the South?
Some postwar problems in the South after the American Civil War included economic devastation due to the destruction of infrastructure and loss of slave labor, social upheaval as former slaves sought to establish their rights and freedoms, and political challenges as the region adjusted to Reconstruction policies imposed by the federal government. These issues contributed to a period of instability and conflict as the South struggled to rebuild and redefine itself in the aftermath of the war.
Explain the postwar economic plans of the Soviet Union and the results of these plans?
After the war, the Soviet Union put plans in place to rebuild the destroyed factors and its arms supplies. A direct result of these measures was a decline in consumer goods.
How did financial crisis contribute of the Great Depression?
Postwar reparations led to hyperinflation and economic collapse in Germany.
What factors contributed to the postwar havoc?
the factors that contributed to the postwar havoc was the red scare. many people were afraid of the spread of communism. communism is a system of government in which there is no private property and there are no economic classes.
Contributed to the global economic crisis during the great depression?
Postwar reparations led to hyperinflation and economic collapse in Germany.
What contributed to the long postwar economic boom was it the continued exclusion of most women from the workplace?
No....resulted from the return home of all overseas military
Why was the postwar suffered from severe economic?
Depression
What has the author Anya M Micallef written?
Anya M. Micallef has written: 'Liberia' -- subject(s): American Technical assistance, Economic development, Natural resources, Postwar reconstruction, American Economic assistance
How did the postwar boom of the 1950 affect most white Americans?
The legacy of post-war economic discrimination contributed to the wealth gap between whites and non-whites that we see today.
How did the postwar boom of the 1950's affect most white Americans?
The legacy of post-war economic discrimination contributed to the wealth gap between whites and non-whites that we see today.
What best describes the impact of postwar economic growth on minority groups?
The gap between white and African American incomes continued during these years.
What contributed the postwar construction boom?
Few houses were built during the Great Depression.
What best describes the impact od postwar economic growth on minority groups?
Mexican American families remained far behind white families....... apexvs.com
What were some postwar problems in the South?
Some postwar problems in the South after the American Civil War included economic devastation due to the destruction of infrastructure and loss of slave labor, social upheaval as former slaves sought to establish their rights and freedoms, and political challenges as the region adjusted to Reconstruction policies imposed by the federal government. These issues contributed to a period of instability and conflict as the South struggled to rebuild and redefine itself in the aftermath of the war.
Which of the following contributed to a surge in postwar home construction?
Loans to war veterans. Nova Net
