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Describe the main features of the American Economic Boom.
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Describe the main features of the Economic Boom The USA was a vast country, rich in natural resources, with a growing population. It didn't need to import many raw materials, and it didn't need to export all its goods. The home market was large and was growing. During the 1920's the USA experienced increasing economic prosperity - a boom - in which many Americans, though certainly not all, shared. A plentiful supply of raw materials, the boost provided by the First World War and the policy of protection all helped America become the richest country in the world. Mass production helped boost the number of goods made. The principle behind the system of mass production was simple and effective. Huge new factories were built in towns of America. In factories, assembly lines were set up. The parts of the product being made travelled along the lines so that a worker did...
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