World War I: The Stock Market

Decent Essays
After World War I, the United States government began to assess the damages. The first damage they tried to fix was the sudden rise of inflation; when the war ended the cost of living went up 15 percent. One of the ways the government tried to fix the high inflation was to profit by laying off workers and reducing job wages in an attempt to minimize the operating prices (american-historama.org). Thus leaving many U.S. citizens in dire need for money. Therefore, they turned to where they believed they would find the most benefits, the stock market. This resulted in the Stock Market value rising in the 1920 and by the time the mid 1920 came around values on stocks more than quadrupled in price. This happened so rapidly because the population

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