Progress Learning 6 Flashcards

1
Q

Identify whether the item led to the Boom of the 1920s economy or was a reason for the economic Bust that resulted in the Great Depression.

A

Boom:
-growth in the availability of electricity and technology
-assembly line and industry growth
-laissez faire economics

Bust:
-over speculation in the stock market
-rising stock market prices
- “Buying on margin” in Stock Market

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2
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