Answer:
The answer is below
Explanation:
The new economic developments in the 1920s improved American financial wellness in many ways. Some of which are:
1. It led to a tremendous 42 percent increase in the economic growth of the United States
2. The unemployment level was kept at the barest minimum of less than 4 percent.
3. There was an increase in the manufacturing goods and consumption
4. The GDP increased expectedly.
5. Automobile industry experienced a boom as many Americans begin to own cars.
