REASONS FOR THE BOOM IN THE ECONOMY USA

HideShow resource information
  • Created by: C.P.
  • Created on: 12-04-13 12:51
View mindmap
  • REASONS FOR THE BOOM IN THE ECONOMY
    • The republican goverment encouraged the boom as they reduced income tax and also forced banks to give out loans more freely.
    • Advertising encouraged more people to buy goods
    • Hire purchase meant people could now buy goods that they previosly could not, contributing to the boom.
    • Low inflation ,low unemployment and low intrest rates

Comments

No comments have yet been made

Similar History resources:

See all History resources »See all The USA - twentieth century change resources »