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Characteristics of American Economic Development in the 1920s
The characteristics of American economic development in the 1920s: the crisis occurred in the 1970s, and its economic status declined; Adjustments were made in the 1980s, and the economic situation gradually improved.

The main factors that hinder the peaceful development of the Asia-Pacific region: the "sea power consciousness" of coastal countries in the Asia-Pacific region has been awakened one after another, and regional naval competition has emerged, especially the modernization of China's navy has been "concerned" and repeatedly discussed. -International terrorism continues to be active in South Asia and Southeast Asia.

After World War II, there are two obvious trends in global economic development: one is regional economic collectivization, and the other is economic globalization. The fundamental driving force behind this trend is to open the market through installment payment and stimulate the superficial activity of the domestic consumer market; Expand the export of foreign goods and occupy the world trade market controlled by Britain and Germany in the past.

Extended data:

In the 1920s, the world entered a period of temporary peace, and the global economy gradually entered a period of prosperity. At that time, the United States was in a leading position in many economic fields and became the most developed and stable country in the world.

At that time, the good economic environment and optimism in the United States laid a sufficient foundation for the subsequent super bull market. The newly issued securities in American capital market are 1822, reaching 64 1929, which is very popular.

1928 and 1929, the Federal Reserve raised interest rates eight times, from 3.5% to 6%, in an attempt to curb speculation in the securities market and slow down economic growth. This is a standard counter-cyclical adjustment strategy. However, after the Great Depression, in response to the bank panic of 1930- 1933, the Federal Reserve failed to fulfill its mission of lender of last resort, and many banks were forced to go bankrupt.

Baidu Encyclopedia-American Economy

Baidu Encyclopedia-World Economic Structure