What effect did the use of credit have on economy in the 1920s?

Answer 1

It created a boom of the economy

The Federal Reserve system, which was established prior to World War I, caused artificial money printing, which resulted in artificially inflated economic growth. Libertarians, or the Austrian school of economics, criticize this intervention and blame it for the Great Depression (see Boom and Bust theory): https://www.investopedia.com/terms/b/boom-and-bust-cycle.asp. For example, in his writing about the Great Depression, Murray Rothbard explicitly blames central banking for the crisis of the 1930s.

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Answer from HIX Tutor

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.

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