... the Allies, Great Britain asked if they could have their loan removed as they had done most of the fighting through the war. The USA declined so Great Britain and the other countries had to pay the loans back with interest; this meant that the banks in America were receiving lots on money. As there was plenty of money coming into the USA the banks could low tax rates, and industries could borrow more to invest to improve above the rest of the world. The money from World War I is linked with the Credit and low tax rates. This meant that companies and people could borrow money and pay less interest back; it also allowed more money to be borrowed. It also meant that people could buy products such as cars even if they did not have enough money at the time. As there was credit people could buy shares ...

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