Explain the main features of the U S economic boom in the 1920s
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During the 1920s the American economy grew considerably. This was due to a number of long-term and short-term causes which can be grouped more simply into three main factors; political, social and natural factors. All of these factors combined to cause an economic revival, referred to by historians as "the boom years."
Clearly an economic boom could not have developed overnight. Indeed there were several underlying long-term causes, which allowed economic growth to occur. These long-term causes are mainly natural factors.
America had huge quantities of natural resources. This meant that they did not have to import many goods. It also meant that they did not have to export all their goods. So they could make money from other countries by selling their goods...