Using the four passages and your own knowledge, assess the view that the impact of the First World War was the main reason for the booming economy in the USA in the 1920’s (40 Marks)
I believe that the First World War did not have as much of a significant impact on the American economy as mass production, infact i however see that instead of benefiting the economy the War in fact had the reverse effect to that of which interpretation A and C suggest that the war was the most important factor of the 1920’s American economic boom.
Firstly, the biggest reason as to why mass production was the main reason for the economic boom was that the American GNP soaring from $72.4 billion in 1919 to $104 billion 1929 only 15 years after mass…show more content… this is a criticism of interpretation C as it stated everybody had benefited from the war in America however it is untrue, whereas interpretation B states '63% lived in electricity lit dwellings' not over exaggerating the impact it had and so making B more of a valid source.
More evidence why mass production was the most important reason for the economic boom was the impact on electricity demand. Electricity demand shot up due to businesses needing electricity to power the machinery to mass produce products, interpretation B supports this as it says ‘Electricity consumption more than doubled during the decade mainly because of industrial demand’ the increase propelled a whole new area of business in America creating thousands of jobs and further strengthened the American economy showing further evidence that mass production was on necessities and not luxuries while the male was away at war. This created a big stunt in the countries in economic growth.
I also believe that passage C is not as important to boom in America, the passage asserts that America had the upper hand compared to its European rivals as WWII had devastated much of the European countries building factories and infrastructure. However this infact had the reverse effect that the passage expected, newly built factories in European countries had the latest
