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OpenStudy (anonymous):

What was the effect of WW1 on the American Economy. Was the labor surplus bad?

OpenStudy (anonymous):

Some Websites say that it was prosperous while others say it was a mini depression.

OpenStudy (help!!!!):

ww1 on american economy was bad and good

OpenStudy (help!!!!):

good thing was that they got production moving

OpenStudy (help!!!!):

the bad thing was that they were pulled into the depression and ww2

OpenStudy (anonymous):

I can understand that. Too many workers results in unemployment but we did make a lot of money selling ammunition and stuff. My problem is my class is asking this: Which phrase describes the American economy immediately after World War I? slow but steady sharp but brief recession decade-long depression period of unprecedented boom and none of those answers fit.

OpenStudy (anonymous):

There seems to be a brief boom and a decade long recession.

OpenStudy (help!!!!):

decade-long depression

OpenStudy (anonymous):

That's what i put. It wasn't correct. :( Unfortunately I wasn't told what the correct answer was.

OpenStudy (help!!!!):

okey let me look

OpenStudy (help!!!!):

en.wikipedia.org/wiki/Post–World_War_I_recessionCached You +1'd this publicly. Undo Jump to North America‎: In North America the recession immediately following World War I was extremely brief, lasting for only 7 months from August 1918 ...

OpenStudy (help!!!!):

sharp but brief recession

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