Increased Output and Prices in the United States in the Early

question 129

True/False

Increased output and prices in the United States in the early 1940s were mostly the result of increased government expenditures.

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Definitions:

Era

A long and distinct period of history with a particular feature or characteristic.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, revolutionizing technology, economy, and society.

England

A country that is part of the United Kingdom, known for its rich history, cultural heritage, and as the birthplace of the English language.

United States

A country in North America consisting of 50 states and a federal district, known for its diverse culture and significant global influence.