For the first time, more americans lived in cities than on farms.
49+ What Was The Economy Like In The 1920S
Background. The 1920s had hidden weaknesses that caused the great depression. For the first time, more americans lived in cities than on farms.
Top 0.1% wealth share in the U.S., 1913-2012 | Real-World ... from anticap.files.wordpress.com
To maintain their income, factories raised prices. Buying stock on credit by paying a percentage up front and borrowing the rest of the cost of the stock. America's economy boomed in the early 20th century.
There were 15 republics (ranked as in the soviet constitution of 1977):
America's economy boomed in the early 20th century. The economy in 1920s was like the decade of the 1930s marks the most severe depression in our history and ushered in sweeping changes in the role of why was the u.s. Economy is the system for management and use of resources. Great depression, worldwide economic downturn that began in 1929 and lasted until about 1939.
