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6 Cards in this Set
- Front
- Back
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1920 GDP changes |
- $73 billion in 1920 - $104 billion in 1929 |
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1920s Unemployment |
- 3.7% consistently after WW1 |
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1920s Inflation |
- Never rose above 1% |
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1920s Profits for US Businesses |
- Increased by 62% from 1923 - 1929 |
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1921 Revenue Act |
- Cutting taxes for the richest members of society - Due to the slight recession after WW1 and an overall attempt to drive business afterwards |
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1922 Fordney McCumber Tariff |
- Tariffs of up to 50% on US exports - This negatively effected global trade and made importing goods to America expensive due to the retaliation of other countries |
