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Following world war 1, the united states’ economy could best be described as...

User Pgl
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Booming - thanks to unharmed industry that quickly shifted to production of consumer goods.


Please correct me if I'm wrong!! :)

User Zach Waugh
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Following world war 1, the United States’ economy could best be described as prosper and rapid-growing.

The United States emerged from the war as a world military and industrial leader. During the war, The U.S.'s industries successfully increased its manufacturing, production, and efficiency to contribute to the war effort, and the U.S. also emerged as a global creditor, and a military force as well. At the end of it, Americans were at a more advantageous position than the rest of the countries involved in it since the beginning whose cities and industries were torn.

This set the basis for the US companies were able to expand their reach around the world, and the economy grew rapidly and the financial leadership shifted from England to the U.S. All of this led to the short-lived economic boom of the 1920s, the so-called the Roaring 20s, which enhanced the purchasing power of Americans and allowed them to acquire all the new variety and diversity of good and services that had appeared.

User Santosh Gokak
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