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The Wilson administration organized the wartime economy by establishing a series of centralized planning boards. Woodrow Wilson was the 28th President of the United States.
it realy affected countries economy it made countries like America control world economy and other countries like third world countries in abadfinancial and cultural condition
The US underwent a depression after WW1. It lasted from January 1920 to July 1921. A range of factors have been identified contributing to the depression, many relating to adjustments in the economy following the end of WW1. The economy started to grow, though it had not yet completed all the adjustments in shifting from a wartime to a peacetime economy. Factors identified as potentially contributing to the downturn include: returning troops which created a surge in the civilian labor force, a decline in labor union strife, changes in fiscal and monetary policy, and changes in price expectations.