asked 122k views
3 votes
Why was the American economy stronger then the economies of its European Allie’s at the end of world war 1

1 Answer

2 votes

The flood of money into the manufacturing sector from both home and abroad led to a welcome rise in employment for American workers. The U.S. unemployment rate dropped from 16.4% in 1914 to 6.3% in 1916. This fall in unemployment reflected not only an increase in available jobs but a shrinking labor pool.

Why was the American economy stronger then the economies of its European Allie’s at-example-1
answered
User Zwb
by
7.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.