<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>
Answer:
The ability to be used as, or directly converted to, of cash is called liquidity.
Explanation:
In accounting, liquidity is the availability of means of payment in very short-term cash, or the immediate availability of cash.
In financial terms, the term indicates the aptitude of an investment to be transformed into money quickly and possibly without losses.
In terms of capital, the term also defines the situation characterized by a considerable availability of cash and/or other means of payment that can be easily and quickly converted into cash.
It would be "party leadership" that is the most common party system in the world today, although it should be noted that there are still many unitary and dictatorship-based governments.
