claudiaocampo3012 claudiaocampo3012
  • 10-01-2018
  • History
contestada

What economic factors and conditions made the american economy appear prosperous in the 1920s?

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gretblanco
gretblanco gretblanco
  • 10-01-2018
 30% growth in GNP between 1922-1928

 Automobile and automobile-related industries were booming and employed almost 4 million workers.

 Unemployment was low between 1923-1929. Only about 3%.\

 High purchasing power. People were spending money with their higher wages.

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