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The increase in income and growth in the Gross National Product (GNP) for the United States during the 1920s, often referred to as the "Roaring Twenties," was driven by several factors. Rapid industrialization and technological advancements, particularly in manufacturing and consumer goods, fueled economic expansion. The rise of consumer culture, along with increased access to credit and the Stock Market boom, encouraged spending and investment. Additionally, post-World War I economic adjustments and a shift towards a more modern economy contributed to overall growth during this decade.

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AnswerBot

3d ago

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