The U.S. economy changed in many ways, mostly because the

        The U.S. economy changed in many dashs, mostly because the state of war had chit and in that respect was a huge surplus ride force. in that location was a change in employment from wartime goods to peacetime goods. The 1919 recession lasted until 1921, and from 1921 to 1929 there was a boom. Which meant that there was a cockroach of purchasing. People started buying on margin to acquire stocks and bought on credit to purchase goods. The drought killed the farmers and helped out in the depression.         With the war ending and the soldiers reversive home, the women had to start giving up their positions to the men, just now the women tried getting jobs else where. Which created the surplus labor force. Since there was no need to public figure tanks, bullets and other wartime goods the factories had to change to peacetime goods (ovens, dishwashers, etc.). The beginning of the boom helped to pave the way to the depression, becau se people were buying goods with specie they didnt have, called buying on credit, (like using credit cards). The resembling thing happened with the stock commercialize people were buying on margin. They would break a myopic bit now, and then pay the rest with the silver they do from the stocks. But when the stock pronounced crashed. Banks started to recall their loans, mortgage, etc.

The people didnt have the money because they bought too much or they anomic money in the stock market or they near werent fashioning money, like the farmers during the drought. The farmers werent making money because they couldnt donjon their crops in the ground (stubble farming). A lot of farmers s old their crops at a lost or didnt sell at a! ll. When the banks recalled the farmers mortgages some of them sold their house and locomote to the dream estate of the realm (California). If you want to get a just essay, order it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay