Ask Question
25 March, 00:25

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

+3
Answers (2)
  1. 25 March, 02:21
    0
    Because It strengthened U. S. labor unions. U. S. factories produced half of the world's
  2. 25 March, 03:44
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Why did the world economy depend on the strength of the U. S. economy in the 1920s ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers