Both actually. After the war the American economy boomed until about the 1930s, but by then the problem was that the economy had grown too fast and then it becomes really confusing for me. Suffice to say, we grew too big too fast and we had no mechanism to protect ourselves and we collapsed under our own weight which is what started the Great Depression.
Wiki User
∙ 2006-03-29 12:16:18There was a brief recession, followed by economic growth
Helped Americas economy
it was the strongest economy in the world
After World War 2, the US had the strongest economy in the world.
it increased wages
No. America has the best world economy. Chile has the best economy in SOUTH America.
Japan accepted the US's assistance to rebuild after World War I. Their economy prospered and grew and morphed into a huge technological success.
The essential tasks of an economy are to provide income for those involved and prosper. Economies range from small groups to the entire world.
It began to decline after an influx of bullion (gold/silver) into the country after the discovery of the new world which caused inflation and wrecked spain's economy.
There was a brief recession, followed by economic growth
Helped Americas economy
a whole bunch of pish paa,,, love lex
Asia
The United States economy was in recession due to the spending of World War I during the 1920s. This caused the Depression where there was a decline in real products.
European exploration in the Americas resulted in a decline of populations due to diseases brought to the New World to which the natives had no immunity. For Africans, this exploration saw the beginning of the Atlantic slave trade where millions were captured and resettled in the Americas.
European exploration in the Americas resulted in a decline of populations due to diseases brought to the New World to which the natives had no immunity. For Africans, this exploration saw the beginning of the Atlantic slave trade where millions were captured and resettled in the Americas.
as the war needs of british army grew they began to buy Indian textiles which was in a decline paving way to the growth of Indian economy