THE ROARING 20S 1920 1929
AMERICAN ECONOMY IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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railroad
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steel
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coal
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textile
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Detailed explanation-1: -Market Size The India passenger car market was valued at US$ 32.70 billion in 2021, and it is expected to reach a value of US$ 54.84 billion by 2027, while registering a CAGR of over 9% between 2022-27. The electric vehicle (EV) market is estimated to reach Rs. 50, 000 crore (US$ 7.09 billion) in India by 2025.
Detailed explanation-2: -The types of steel used in the automotive industry can be anywhere from stainless steel, high-strength steel, high-carbon, low-carbon, or galvanized steel for body panels. These types of steel are used in the production of various vehicle and engine components.
Detailed explanation-3: -The growth of the automobile industry caused an economic revolution across the United States. Dozens of spin-off industries blossomed. Of course the demand for vulcanized rubber skyrocketed. Road construction created thousands of new jobs, as state and local governments began funding highway design.