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19-11-2020
History

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When in recent history were the stock market and the economic conditions similar to the 1920s?

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19-11-2020

Answer:

2013

Explanation:

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19-11-2020

Answer:

1910.

Explanation:

Both decades were periods of intense culture wars between “modernists” and “traditionalists”

Both decades began with a major economic downturn
Both decades were marked by economic growth and prosperity
Both decades had similar interest rate patterns
Both decades witnessed a rise in installment plan purchases
In both decades, a large portion of total debt growth was corporate debt
In both decades, the Fed's balance sheet shrank late in the decade

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