Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Get detailed and precise answers to your questions from a dedicated community of experts on our Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

How did Prohibition affect the economy in the 1920s?

Sagot :

Overall, Prohibition's first economic impacts were primarily detrimental. Numerous employment were lost as a result of the closure of breweries, distilleries, and saloons, including thousands of positions for barrel builders, truck drivers, waiters, and other allied crafts.

What consequences did Prohibition have in the 1920s?

To protect people and families from the "scourge of intoxication," Prohibition was put into place. But it also had unforeseen effects, such as an increase in organized crime linked to the illicit manufacturing and distribution of alcohol, a rise in piracy, and a decrease in tax revenue.

What impact did the repeal of Prohibition have on the economy?

As many of the most hopeful wets anticipated, the lifting of Prohibition did not end the Great Depression. However, alcohol or other excise taxes, which contributed $1.35 billion or almost half of the federal president's total revenue in 1934, did finance a significant portion of the New Deal.

To know more about prohibition visit :

https://brainly.com/question/29620451

#SPJ4

We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.