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History Alive! Chapter 26 Understanding Postwar Tensions. Demobilization: The transition from wartime to peacetime Government officials canceled contracts causing many factories to close Crop prices fell due to lack of overseas demand
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History Alive! Chapter 26 Understanding Postwar Tensions
Demobilization: • The transition from wartime to peacetime • Government officials canceled contracts causing many factories to close • Crop prices fell due to lack of overseas demand • Millions of people are unemployed including returning soldiers • Recession: • A decline in in economic activity and prosperity 26.2: Emerging Economic Tensions
What effect did postwar tensions have on America’s founding ideals? • Equality • Rights • Liberty • Opportunity • Democracy