3 years ago

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

1 answer:

5 0

<span> 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.</span>

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