NonLegend NonLegend

06-02-2017
History

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Why did the world economy depend on the strength of the U.S. economy in the 1920s

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ratsnacks ratsnacks

06-02-2017

Because It strengthened U.S. labor unions. U.S. factories produced half of the world's

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unspokenone1 unspokenone1

06-02-2017

Because the US $ was a reference currency world wide. With the US economy problems, the value of the US $ became uncertain and this lead to a crisis world wide because of the dependency on US $ as a capital reserve.

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