Benefits Of The Boom Flashcards
1
Q
How were exports effected by the boom?
A
Exports outstripped imports leaving the economy in a strong position
2
Q
How was steel production effected?
A
The USA established itself as the main global producer of steel
3
Q
How was unemployment effected?
A
Unemployment spiked massively in 1921 but then retreated to a relatively low rate
