Roaring Twenties

The "Roaring Twenties" was an era when the American Economy prospered tremendously. American industry had expanded during the Great War, making weapons, uniforms, equipment etc. This expansion continued after the war, helped by America's massive reserves of raw materials and by high tariffs. Tariffs made foreign goods dearer, so American goods were bought. Some industries were also given subsidies, which increased their profits. There was economic expansion.
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