For the American economy, the period after World War I into 1922 was a time of

A) declining farm prices and rapidly rising unemployment.
B) increasing exports and heavy consumer spending.
C) record investment spending and rising prices.
D) low unemployment and double-digit inflation.

Question

Logan Brand · Accepted Answer

Final Answer : A, Explanation :  After World War I, there was an oversupply of agricultural products that led to a decline in farm prices. This, in turn, led to bankruptcies and foreclosures for many farmers. Additionally, there was a sharp decline in industrial production as demand for war goods decreased, leading to rising unemployment.

For the American economy, the period after World War I into 1922 was a time of

A) declining farm prices and rapidly rising unemployment.
B) increasing exports and heavy consumer spending.
C) record investment spending and rising prices.
D) low unemployment and double-digit inflation.

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Learning Objectives

Related questions

For the American economy, the period after World War I into 1922 was a time ofA) declining farm prices and rapidly rising unemployment.B) increasing exports and heavy consumer spending.C) record investment spending and rising prices.D) low unemployment and double-digit inflation.

Definitions

Learning Objectives

Learning Objectives

Related questions

For the American economy, the period after World War I into 1922 was a time of

A) declining farm prices and rapidly rising unemployment.
B) increasing exports and heavy consumer spending.
C) record investment spending and rising prices.
D) low unemployment and double-digit inflation.