3.1k views
0 votes
What effects of the end of world war 1 on the us economy

User AlekseyS
by
6.6k points

2 Answers

4 votes
After WW1 (World War One) the United States economy was "booming" after being the main supplier for both the allied as well as the central powers in all war materials (food, equipment, etc.) the United States economy was doing rather well. After WW1 in the early 1920 America was considered a hero with its economy better then ever until the stock market crash on Black Tuesday.

Hope I helped,
-CSX :)
User Jim Jones
by
6.4k points
0 votes
US taxes rose, many soldiers were drafted so the unemployment rate decreased, and the US spent approx $32 billion dollars. Hope this helps you!
User ZeFrenchy
by
6.0k points