Social Sciences, asked by singhshaantanu430, 3 months ago

highlight effects of recession of 1920 in US

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Answered by jayess121208

0

Answer:

During the recession, there was an extremely sharp decline in industrial production. From May 1920 to July 1921, automobile production declined by 60% and total industrial production by 30%. At the end of the recession, production quickly rebounded. Industrial production returned to its peak levels by October 1922.

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