Answer:
True
Explanation:
After the war, governments had no more money, and could not help the economy. The end of the war time production, increased labor supply from returning troops and helped contribute to high unemployment and the decline of wages. Factories producing war related products were becoming idle.
Answer:
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Explanation:
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Answer from Google: The Radical Republicans were a faction of the Republican Party during the American Civil War. They were distinguished by their fierce advocacy for the abolition of slavery, enfranchisement of black citizens, and holding the Southern states financially and morally culpable for the war.
Answer from Socratic:
The Radical Republicans thought Lincoln didn't take a hard enough line against slavery.
Thaddeus Stevens was always on the political fringes. He began his political career as part of the Anti-Masonic party, continued with the Whig (Anti-Jackson) party, the Know-Nothing (Anti-Catholic and Anti-Immigrant) Party and ultimately, the (Anti-Slavery) Republican Party.
In Congress, representing Pennsylvania, he was a gadfly to Lincoln for dragging his feet on banning slavery; after the war and assassination, he opposed Andrew Johnson for wanting the southern states back in the Union as quickly as possible. Stevens lobbied hard for Johnson's impeachment. He died in 1868, just in time to see the Republicans quietly drop civil rights for Blacks from their platform.
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Answer:
What were people buying?
People were buying all sorts of newer consumer goods that mass production techniques like the assembly line were making available for more and more people. Household appliances like vacuum cleaners and refrigerators were particularly in high demand.
Why were people able to buy more?
Mainly because of two reasons: 1) consumer goods were becoming cheaper for the reasons explained above, 2) the monetary policy of the era was very loose, and the banks had a lot of spare cash that they used to grant cheap credit to its customers. People then used this cheap loans to buy more stuff.
What are the pros and cons of this rise in a mass consumer culture?
The main pro is that people can raise their material standard of living. The main con or danger is that mass consumerism can create economic bubbles that when they burst cause a lot of harm. This is precisely what happened in 1929, that ended up in the Great Depression of the 1930s.
