WORLD WAR I
CAUSES AND COURSE OF THE WAR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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returning soldiers re-entered the workforce and factories began to produce consumer goods again
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women and minority groups entered the workforce in record numbers to offset the effects of the draft
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government agencies were created to direct war-time production and conserve valuable resources such as iron and steel
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the United States Congress enacted a series of embargoes and tariffs to strengthen American businesses and industries
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Detailed explanation-1: -Stock prices collapsed first, by the end of 1919. The downturn in wholesale prices came 6 months later. By the autumn of 1920 a severe industrial depression had developed. Factory employment dropped 30 percent from March 1920 to July 1921.
Detailed explanation-2: -Public demand quickly outpaced the slow production, leading to notable shortages of domestic goods. As a result, inflation skyrocketed in 1919. By the end of the year, the cost of living in the United States was nearly double what it had been in 1916.
Detailed explanation-3: -What effect did the demobilization that followed World War I have on the American workforce? Thousands of women and African-Americans lost their jobs as returning servicemen reentered the work force.