INTER WAR YEARS 1919 TO 1939
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Directly lead to an economic recession
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Saw personal incomes rise
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Paved the way for the rise of Adolf Hitler
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Increased the size of the Federal Government by creating jobs
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Detailed explanation-1: -The main reasons for America’s economic boom in the 1920s were technological progress which led to the mass production of goods, the electrification of America, new mass marketing techniques, the availability of cheap credit and increased employment which, in turn, created a huge amount of consumers.
Detailed explanation-2: -In the 1920s the ability to produce and distribute goods on a mass scale, aided by technological development and federal policies favoring industry, brought about a stabilization of the economy that led to wide prosperity.
Detailed explanation-3: -Rural areas benefited the most from the economic prosperity of the 1920s. 5. Republicans of the 1920s believed that if government fostered private business, benefits would radiate out to most of the rest of the population.