What was the condition of America's economy following World War I?

Answer 1

Recession

The USA joined WWI when its economy was in a recession, it lasted until after the end of the war. A big recession occurred in 1920 and 1921 a recovery put an end to the economic slump. It lasted until the 1929 crisis. The roaring twenties were a period of unprecedented prosperity.

When World War I started the US economy was in recession. From 1914 -1918 the US economy was not in recession. Due to demand for goods from the nations that were at war the US economy boomed. Unemployment dropped from 7.9 % to 1.4% Because of the positive trade balances produced by world war I the US went from being a debtor nation to being a credit nation. Stimulating the economy.

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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.