What Was Triggered By The Great Depression?

What Was Triggered By The Great Depression? While the October 1929 stock market crash triggered the Great Depression, multiple factors turned it into a decade-long economic catastrophe. Overproduction, executive inaction, ill-timed tariffs, and an inexperienced Federal Reserve all contributed to the Great Depression. What were 3 main causes of the Great Depression? The stock market

Was There An Economic Boom In The 1920s?

Was There An Economic Boom In The 1920s? 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. Was

What Caused 1970s Stagflation?

What Caused 1970s Stagflation? Rising oil prices should have contributed to economic growth. In reality, the 1970s was an era of rising prices and rising unemployment; the periods of poor economic growth could all be explained as the result of the cost-push inflation of high oil prices. What caused the 1970s inflation? The 1970s saw

What Happened To The American Economy In The Mid 1920s?

What Happened To The American Economy In The Mid 1920s? The 1920s is the decade when America’s economy grew 42%. Mass production spread new consumer goods into every household. The modern auto and airline industries were born. The U.S. victory in World War I gave the country its first experience of being a global power.