Question

What was a key reason for the post-war cash crunch in America?

A) decline in the American manufacturing industry
B) France’s demand for repayment of America’s war debt
C) rising inflation and unemployment
D) decline in American imports from Britain
E) rising trade imbalance with Britain

Answer 1

The correct answer is C) rising inflation and unemployment. Among the other choices, this was a key reason for the post-war cash crunch in America. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.