Question

When in recent history were the stock market and the economic conditions similar to the 1920s?

Answer 1

Answer:

1910.

Explanation:

• Both decades were periods of intense culture wars between “modernists” and “traditionalists”

• Both decades began with a major economic downturn
• Both decades were marked by economic growth and prosperity
• Both decades had similar interest rate patterns
• Both decades witnessed a rise in installment plan purchases
• In both decades, a large portion of total debt growth was corporate debt
• In both decades, the Fed's balance sheet shrank late in the decade

Answer 2

Answer:

2013

Explanation: