The American economy had rarely witnessed such(prenominal) great prosperity as it did after the World War I. The great war-time productivity and availability of new jobs allowed vast industries to thunder while labor wages also rose. But the most spectacular and fascinating economic phenomenon was the Stock Market.
People were blindly investing in the stocks and bonds, speculating the rising trend of the economy to continue. This enabled an fearful flow of wealth and everyone seemed to be getting rich. Wall roadway in modern York became the hub of such activity as the New York Stock Exchange was located here. From the chauffeurs and servants to the owners of huge industries, everyone seemed to be fashioning a fortune on the expense of the market. Yet other interesting aspect of the American economy during this period was the huge loans and resources that it provided to European countries, staving in the aftermath of the war. American investments especially flowed towards Germany which owed bullion to France and Great Britain. Yet another...If you want to get a rich essay, order it on our website: Orderessay
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