In the year 1914, we have a great historical milestone: the beginning of World War I, which brought some advantages to the US, one of which was the...
In the year 1914, we have a great historical milestone: the beginning of World War I, which brought some advantages to the US, one of which was the fact that the war took place in a distant territory. In this sense, regarding the importance of the war for the US economy, it is correct to affirm that:
The US market was considered an example, as there was no decline in its economy during the war period and afterwards. The US capitalist model was considered the best example of economy during World War I, because it did not suffer from its economy. Despite the great chaos that ensued in society, the US, along with the European continent, became great examples due to stability in its economy. At the beginning of the 19th century, the United States of America lived in full chaos in its economy, generating a problem in its development. In the first decades of the 20th century, the country presented a moment of growth of capitalism that favored the growing production and constant well-being.
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