Question

During the 1920s, economic growth in the united states occurred rapidly and then slowed down. slowly and then became faster. rapidly throughout the decade. slowly throughout the decade.

Answer 1

Answer:

rapidly and then slowed down.

Explanation:

After the end of World War I, the US emerged as the world's largest economic powerhouse and the world's largest supplier of manufactures. This initially caused rapid economic growth, causing euphoria in production. The banks started to make loans in excess, the companies became indebted and there was an overproduction that did not find demand for the disposal of the products. Economic growth collapsed and the country entered the biggest economic crisis in history in 1929.

Answer 2

Answer:

During the 1920s, economic growth in the United States occurred rapidly and then slowed down.

Explanation:

The 1920s have been called the Roaring 20s because America's economy grew 42 percent. U.S. victory in World War I gave the country a global power, and, in a very short time, many industries were born and mass production spread new good into every household. This was a decade of tremendous prosperity. However, the following decade, the 1930s, represented the most severe depression in US history.