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Flashcards covering key events and economic conditions from WWI to the Great Depression.
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Roaring 20s
Period of economic prosperity following WWI, characterized by increased consumer spending and cultural changes.
Black Tuesday (10/29/1929)
The day the stock market crashed, marking the beginning of the Great Depression.
Great Depression
A severe worldwide economic depression that took place during the 1930s.
WWI (1917-1919)
World War I period, characterized by high government spending and low consumer spending due to rationing.
Economic Cycles
Fluctuations in economic activity, such as periods of expansion and contraction.