Friday, November 11, 2016
Opportunities for African Americans (1919-1939)
During the 1920s the Statesn economy experienced a drastic increase in wealth. There were many reasons that caused the 1920s economic boom in the U.S. During this period the Statesn was open to solidify their status as a powerhouse. The 1920s was cognise as a uncivilized time to be living as the economy was any going from strength to strength, this was delinquent to many factors. This includes the outgrowth innovation contend, growing industrial strength, increment of new industries and the call forth of attend and many early(a)s. In this render I will steady down on whether these and many other factors can be categorize as minor or major events and ultimately which was the nearly influential during the boom\nThe First introduction War was the building blocks to the return of the economy. The war began in 1914, the States inwardnessed the World War in 1917, and this was 3 long, laborious and damaging years which America didnt participate in, as they had declared a state of neutrality. During that period America had suffered no abuse unlike consort France and the United Kingdom who had suffered damage in major cities and as well as the loss of many soldiers. bulk of men went away to fight, this leftover a gaping pickle in the exchange industry. America capitalized and traded many materials of which the war amidst field would require. U.S trade with the Allies rosiness from $825 million in 1914 to $3.2 jillion in 1916. Hereby reinforcing the health of the U.S. economy more than and more as they continued to trade with the Allies, by 1917 it was believed that the U.S. had loaned more than $2 billion to the Allies, the U.S. loaned such huge amounts of money to the Allies so they could continue to purchase American goods. When America did eventually join the war they sustained intimately no damage on U.S soil however they did force the rewards as they inherited all major German business. intimately notably of which was the chemic al industry, which Germany was globe leaders at. Overall The First World War was an outstan...
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