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A Sharp but brief recession phrase describes the American economy immediately after World War I.
What effect did the American economy have immediately after World War I?
In North America, the recession immediately following World War I was extremely brief, lasting for only seven months from August 1918 (even before the war had actually ended) to March 1919. A second, much more severe recession, sometimes labeled a depression, began in January 1920.
High inflation and increasing unemployment caused a recession.
Which phrase describes the American economy immediately after World War I?
O A. slow but steady
O B. sharp but brief recession
O C. decade-long depression
O D. period of an unprecedented boom
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