51.5k views
0 votes
What is the primary cause of changes to the unemployment rate in the United States in 1920 and 1921

1 Answer

4 votes
Factors identified as contributing to the downturn include: returning troops which created a surge in the civilian labor force and problems in absorbing the veterans, a decline in labor union strife, changes in fiscal and monetary policy, and changes in price expectations.
User Paul Rademacher
by
7.6k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.