Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

What was the cause of the brief recession in the United States in 1918 and 1919?

Sagot :

There was a brief depression in the U.S. from 1918-1921. This was caused due to inflation that occurred from Europe's take over of production from the U.S.
santyborca

Answer:

The cause of the brief recession was the end of World War I.

Explanation:

That recession is known as the post-World War recession, it hit the entire world when the war came to an end. It greatly affects Europe but in the United States, the effects were much more diminished.

The economic growth of the country had increased during the years of the War because of the battle fought in Europe and the lack of production in that continent. When the War ended the global economy began to decline but it did not affect so much the United States the second part of 1919 saw a recovery.

I hope this answer helps you.

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.