America had been the world's Arsenal of Democracy during the war. Its factories had been working at maximum capacity. After the war, there were two hiccups. The factories had to retool to produce domestic products, and the returning service personnel created a glut on the job market. The women who had replaced the men in the defense plants had to re-transition to domestic life. Congress passed the GI Bill which allowed returning service personnel to attend college, and the Federal Housing Administration secured low-interest loans to buy homes in the newly burgeoning suburbs. The stimulus thus provided created the post-war US middle class.
Rise of the middle class. Move to the suburbs. Shift from factory work to professions.
. They bought more consumer goods
The post-war era.
It was weak thats why WWII started because he stated that he wanted to bring the German people back to the once great nation.
Booms usually lead to a Stock Market Crash over time.
Racial segregation was still common practice in the US..... Also, technologies today, such as cell phones and personal computers were inexistent. There were computers, they were just as big as a refrigerator, usually bigger. There was no internet. No Facebook, Twitter, MySpace. There was no iPods or MP3 Players.
seeking better economic life
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White males gained the most benefit from post World War II prosperity.
In the 1950s, the focus on children and teenagers helped develop prosperity by creating a generation of educated and skilled individuals who would drive economic growth. The post-World War II baby boom led to a higher demand for consumer goods, which stimulated economic activity. Additionally, the emergence of youth culture and the popularity of consumer products targeted at young people contributed to economic expansion during this period.
The post war prosperity boom increased the economic gap between white and non-white Americans. Discrimination in jobs and housing led to the disparity. The Federal housing laws in those days endorsed discrimination in financing, insurance and sales.
war production during the war helped industry and pulled nations out of the Great Depression.
i think its increased savings by most americans...
The post-World War II economic prosperity, known as the "baby boom," led to an increase in demand for housing. This, coupled with advancements in transportation infrastructure (such as highways) and the availability of affordable mortgages, made suburban living possible and attractive to many families in the 1950s.
The post-war era.
President Truman's first priority after World War II was the reconstruction and rebuilding of post-war Europe through the implementation of the Marshall Plan. This economic aid package aimed to help European countries recover from the devastation of the war and prevent the spread of communism, ultimately fostering stability and prosperity in the region.
The tie between USA and Australia (ANZUS) is a military tie. It has nothing to do with or impact on Australia's economic growth post World War II. The USA is not a major trading partner of Australia.
no you have to have an account
As a nation in urgent need of economic rebuilding, as the war had cost countless millions in cash, and we did not need a bankrupt Germany as an economic noose whilst we tried to rebuild.