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During the 1950s America experienced an economic boom with the average income?

tripling


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The U.S. experienced an industrial boom after the War of 1812. However, it was mostly in the North. Northerners benefitted from tariffs at the expense of the South.


What was the economy like in 1950s?

The economy was good in the 1950's. After World War II the economy in America experienced a boom and grew by over 39 percent.


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Where did the mining boom begin?

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How has the oil affected the economies of the region?

Since the discovery of oil in the middle east, all of the countries that had the good fortune of finding oil experienced a boom in their economy. A boom in job offers coincided with this as well. The only ill effect, however, was that neighboring countries felt tension.


Why did the nation's business boom by pass the south?

There were several reasons why the country's business boom bypassed the South including a lack of capital in the South. The South was also recovering from the devastation of the Civil War.