Dic# primary postwar depression

자료: United States history, since 1865

(...) During the 1920s the U.S. enjoyed unusual prosperity, except for the farmer. New industries added to the prosperity and almost everybody enjoyed an increase in the standard of living.

The Depression of 1921--A short primary postwar depression began in 1921 as a part of the readjustment to a peacetime economy. It occurred, more specifically, due to the cessation of wartime loans to the Europe and Europe's inability to buy from the U.S. (...)

자료: The Economics of John Maynard Keynes: The Theory of a Monetary Economy