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03:Pretest
HS: US History B [M] (Prescriptive) (GP) / 3:Boom Times to Hard Times
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14.
During the 1920s, the United States economy moved through which phase of the business cycle?

expansion

trough

peak

contraction

14 of 20

1 answer

During the 1920s, the United States economy experienced a phase of expansion. This period, often referred to as the "Roaring Twenties," was characterized by significant economic growth, rising employment, and increased consumer spending.