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The rapid economic development of the United States can be attributed to vast industrialization of the country in the run up to the Second World War. The post war prosperity came through innovation after innovation fueled by massive research and development projects and the technological space and weapons race spurred on by the Cold War against the Soviet Union. Further factors included the Interstate Highway System and the ownership of passenger vehicle enabling mobility and the rise of suburbs.

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he absence of international economic competition.

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Low tarrifs

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Q: What was a significant reason for America's rapid economic development?
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