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Inflation
1922- -6.1% 1923- 1.8% 1924- 0.0% 1925- 2.3% 1926- 1.1% 1927- -1.7% 1928- -1.7% -
Consumer Spending
Not available during this time period -
The Reader's Digest Published
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GDP
GDP (millions of 1929 dollars) 1922 $73,150
1923 $82,994
1924 $85,222
1925 $87,359
1926 $93,438
1927 $94,161
1928 $95,715 -
Charleston Dance Becomes Popular
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GDP per Capita
1922- 671.83
1923- 770.01
1924- 772.74
1925- 792.72
1926- 836.07
1927- 810.87
1928- 814.67
1928- 814.67 -
CPI
1922- 17.85
1923- 16.83
1924- 17.05
1925- 17.25
1926- 17.65
1927- 17.5
1928- 17.25 -
Flapper Dresses in Style
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Unemployment rate
Unemployment (estimated volume) in thousand 1922 - 3,441
1923 - 1,532 1924 - 2,315 1925 - 1,775 1926 - 1,669 1927 - 2,055 1928 - 3,000 -
Impact of interest rate fluctuations
the impact of the interest rates did not affect the economy to where people were in a recession. -
A.A. Milne Publishes Winnie-the-Pooh
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Impact of Business Cycles on Business Activities
lots of people sold their stocks in 1923 but the following day larger businesses bought them up -
fiscal policy
did not exist yet, but there were ideas of how the federal government should run like decreasing unemployment during a depression and having the right types of tax cuts -
Monetary Policy
discount rate- 1922- 4.5-4 ; 1923- 4-4.5 ; 1924- 4.5 - 3 ; 1925- 3 - 3.5 ; 1926- 3.89 - 4 ; 1927- 4 - 3.5 ; 1928- 3.5 - 5.
open market operations were expanding -
effects of government expenditures
government spending was under 4 billion dollars between 1922 and 1928 -
sliced bread
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Bubble Gum Invented
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Effects of Tax Policies on Business
taxes were cut sharply after world war I and continued to decrease over the years causing the the poor to have more of a burden of paying taxes.
