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How do you account for the economic prosperity of the post World War 2 era in the US?
Wiki User
∙ 11y ago
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.
Wiki User
∙ 11y ago
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What eras is tied to the prosperity of the 1950's and 1960's?
The post-war era.
How strong was the economic recovery in Germany post World War 1?
It was weak thats why WWII started because he stated that he wanted to bring the German people back to the once great nation.
What did the post economic boom in America lead to?
Booms usually lead to a Stock Market Crash over time.
How did American society change in the 2 decades after World War 1?
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.
What statement illustrates the most important reason pioneers moved west in the post-Civil War era?
seeking better economic life
What was one result of post world war 2 prosperity?
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Most enjoyed the prosperity of the postwar period?
White males gained the most benefit from post World War II prosperity.
How did postwar prosperity affect the economic gap between white and non-white Americans?
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.
What was post world war 2 prosperity based on?
war production during the war helped industry and pulled nations out of the Great Depression.
What was not a reason for post world war 2 economic growth in the US?
i think its increased savings by most americans...
What eras is tied to the prosperity of the 1950's and 1960's?
The post-war era.
How did the tie between the US and Australia formed during World War 2 effect the economic growth of post World War 2 Australia?
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.
What was Trumans first priority after world war 2?
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.
Can you post videos on YouTube without an account?
no you have to have an account
How did the world see Germany post World War 2?
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.
Post World War 2 Japan was primarily reorganized by General MacArthur as he modified these economic intersts?
Zaibatsu
What was the significance of Lyndon B. Johnson Great society programs?
Unlike the old New Deal, which was a response to a severe financial and economic calamity, the Great Society initiatives came just as the United States' post-World War II prosperity was starting to fade, but before the coming decline was being felt by the middle and upper classes.
