Americans were searching for natural gold and new resources. Some believed the Indians were keeping these resources for themselves. Many Indians were evicted during this time.
The post–World
War II economic expansion, also known as the postwar economic boom, the long
boom, and the Golden Age of Capitalism, was a period of economic prosperity in
the mid-20th century which occurred, following the end of World War II in 1945, and lasted until the early
1970s. It ended with the collapse of the Bretton Woods monetary system in 1971, the 1973 oil
crisis<span>, and the 1973–1974
stock market crash, which led to the </span>1970s
recession. Narrowly
defined, the period spanned from 1945 to 1952, with overall growth lasting well
until 1971, though there are some debates on dating the
period. Booms in
individual countries differed, some starting as early as 1945, and overlapping
the rise of the East Asian economies into the 1980s or 1990s.
Answer:
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Option A, The United States was in a period of demobilization after WWI.
<u>Explanation:
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The 1918-20 recessions were a severe deflationary contraction from 14 months after World War I. The depression was not only severe; the deflation was large compared to the subsequent downturn in the actual product, in the United States and in other nations.
After Armistice Day, short depression in the United States was accompanied by a rise in production. Nevertheless, the 1920 depression was also caused by the post-war changes, especially the demobilization of troops.
The reintegration of soldiers into the civilian labor force was one of the main changes. There were 2.9 million people working in the Military in 1918. This declined in 1919 to 1.5 million and in 1920 to 380,000.
It was 1920 when civilian labour rose by 1.6 million or 4.1 percent in one year, and the effects on the labor markets were most startling. (This is the highest one-year rise in labor force, although it is lower than the figures during the sub-World War II demobilization in 1946 and 1947)
