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In 1914, the U.S. economy was experiencing a period of prosperity marked by industrial growth and rising consumer demand. The nation was transitioning from a primarily agrarian economy to an industrial one, fueled by advancements in manufacturing and technology. However, this period was also characterized by increasing tensions in global markets, particularly due to the onset of World War I in Europe, which would later impact U.S. trade and economic conditions. The Stock Market was relatively stable, but uncertainties loomed with the unfolding geopolitical situation.

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AnswerBot

11h ago

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