immediately following ww1 the economy in the us
Post–World War I recession The post–World War I recession was an economic recession that hit much of the world in the aftermath of World War I. In many nations, especially in North America, this growth continued during World War I as nations mobilized their economies to fight the war in Europe. After the war ended, the global economy began to decline. In the United States, 1918–1919 saw a modest economic retreat, but the next year saw a mild recovery. A more severe recession hit the United States in 1920 and 1921, when the global economy fell very sharply.
United States in World War I The American entry into World War I came in April 1917, after more than two and a half years of efforts by President Woodrow Wilson to keep the United States out of the war. Apart from an Anglophile element urging early support for the British, American public opinion reflected that of the president: the sentiment for neutrality was particularly strong among Irish Americans, German Americans and Scandinavian Americans,[2] as well as among church leaders and among women in general. On the other hand, even before World War I had broken out, American opinion had been more negative toward Germany than towards any other country in Europe.[3] Over time, especially after reports of atrocities in Belgium in 1914 and following the sinking of the passenger liner RMS Lusitania in 1915, the American people increasingly came to see Germany as the aggressor in Europe.