The US economy in the early 1920s

Question 1

how did the US economy benefit form WWI?

Answer 1

countries such as Britain and France had brought in supplies and borrowed huge sums of money from the USA. By 1920, the USA produced and consumed 70% of the world’s oil and was the leading producer of coal and steel.

Question 2

how did the US economy develop throughout the 1920s?

Answer 2

During the 1920s, the US economy continued to
grow as the country experienced an economic boom. For example, exports increased from $3.8 billion in 1922 to $5.1 billion in 1929.