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an economic crisis in Europe that spread to the United States. Are you sure the great depression isn't an option?
That's the one I thought it was but I put on my quiz and I got it wrong...
I was going to say the same thing. there was a short recession at the end of WWI
That should have been the right answer....
I know but I got it wrong..
What do you think @jagatuba
There was the Palmer Raids that could have led to reductions in Union wages.
was that an anti-union sentiment?
Anti-union sentiment preceded several bombings . . . I think. I'll need to check my facts.
Be right back.
Yeah coal miners, steel mill workers, and police officers all went on strike in 1919. Still not sure if that led to lower wages though. Usually strikes do the opposite.
How curious. @itsallycatt Is this an online course, because if it is they are incorrect sometimes.
Yes I'm taking this on Florida Virtual School. I went back in the lesson and looked through all the videos and still can't find the answers to the exam questions. I've passed everything else except the exams.
Well let's consider two facts. 1. The recession following WWI was very short. Seven months I think. 2. The Roaring 20's were a time of sustained prosperity. The Great Depression did not occur until the 30's, so what was spurring on economic growth in the 20's?
do u want her to answer that?
No, just more of a mental note. But seems to dead end since the economic growth was due to conservative economic policies and not trade with Asia. So a trading boom with Asia is not the answer.
No I'm wrong. Listen to this: "...it became clear that WW1 would bring a huge bonanza to the Japanese economy (at least in the short run) because of the sudden increase in global demand for Japanese products. An enormous export-led boom was generated because (i) global demand shifted from Europe to Japan; and (ii) the US economy was expanding. Japan's manufactured products were still of inferior quality but could substitute for European products which were now unavailable."
We were looking in the wrong place. We should have been looking for the reasons of economic resurgence in Asia, not the US.
I think that is the answer.
ok, no wonder.
Please let us know if you get it right. that was a tough question that I would like to know the answer to.
Me 2 :D Thanks @jagatuba