The main reasons for America's economic boom in the 1920s were technological progress which led to the mass production of goods, the electrification of America, new mass marketing techniques, the availability of cheap credit and increased employment which, in turn, created a huge amount of consumers.
Bills and coins that a country actually circulates is called circulation currency. This is money that is used to conduct transactions between consumers and businesses for goods and services. Money that is kept in a bank and in long term investments are not a part of circulation currency because it cannot directly be used for day to day transactions.
Answer:
The Committees of Correspondence were formed to increase communication between the different colonies.
