What was an important feature of the us economy in the 1920?
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βOne important feature of the US economy in the 1920s was mass production.β
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What was an important feature of the US economy in the 1920?
Explanation:
So, the most important feature of the US economy in the 1920 "one important feature of the US economy in the 1920 was the mass production."
Several factors led to economic growth in this decade.
- growth of the auto industry
- new consumer goods
- new forms of advertising
- investment in the stock market
- buying on credit
But these factors also led to problems.
During the boom of the 1920s, the weakness of banks went unnoticed.
Bank failures had become more common.
Unemployment is low: people who want jobs can find them.
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