0
What was the most important force behind America's economic prosperity after the war?
Wiki User
∙ 13y ago
Improve
World War II was extremely beneficial to the American economy. It finally ended the Great Depression by 1940, putting millions of Americans back to work in wartime industries. The United States was the only country in the world that came out of the war, stronger militarily and economically then at the beginning. The American economy more than doubled by 1945. There was a sharp recession after the war, caused by millions of returning servicemen looking for work. That was only temporary after appropriate legislation was passed including the GI Bill
Wiki User
∙ 12y ago
Wiki User
∙ 11y agoDuring the war, the US had, out of necessity, greatly increased its capacity for heavy industry and manufacture, in order to keep equipment supplies up for the military. As well as this, the USA was the only major power involved in the war that wasn't hit. Britain had endured the Blitz, Germany had been basically annihilated and Russia had been steamrollered. So, at the end of the war, the USA was the only country in a position to be able to exploit its increased capacity for production. This meant America could export large numbers of goods, thus leading to a period of prosperity.
Wiki User
∙ 13y agothe federal government
Add your answer:
Earn +20 pts
What is the main cause behind economic slowdown2008?
What_causes_global_economic_crisis
How did economic growth in the south compared to economic growth in the rest of the country?
the economic growth lagged behind because they had to repair damages from the war
What turns the north in an economic powerhouse and who is the man behind it?
Ri
WHAT region was the economic force behind the silk trade?
Shang China
Who is considered as the Man behind the Malaysian economic success?
mahatir muhammad
What was the most important force behind Americas economic prosperity after the war?
the federal government
Why was Darius important to the Persian Empire?
He consolidated it behind defensible borders and promoted security, tolerance and prosperity.
What describes Reagan's logic behind his tax reform?
Reagan's logic behind his tax reform was to lower tax rates, simplify the tax code, and stimulate economic growth by incentivizing investment and entrepreneurship. He believed in supply-side economics, which posited that reducing tax burdens on individuals and businesses would lead to increased investment, job creation, and overall economic prosperity.
Fannie Mae and Freddie Mac were not the reason behind the economic crisis.?
Fannie Mae and Freddie Mac were not the reason behind the economic crisis.
What was the real motive behind the greater east asia co prosperity sphere?
The real motive behind the greater East Asia co-prosperity sphere is that they wanted natural resources to fight with against China.
What is the legend behind the bayberry candle?
burn it on Christmas eve to bring prosperity and happiness in the new year
What is the main cause behind economic slowdown2008?
What_causes_global_economic_crisis
Which is the most populous city in the americas Sao Paolo or Lima or Mexico City?
Mexico City is the largest in the Americas and third largest in the world, behind Tokyo and Seoul.
How did economic growth in the south compare to economic growth in the rest of the country?
Economic growth lagged behind because they had to repair damage from the war.
How did economic growth in the south compared to economic growth in the rest of the country?
the economic growth lagged behind because they had to repair damages from the war
How did the economic growth in the south compare to economic growth in the rest of the country?
Economic growth lagged behind because they had to repair damage from the war.
What turns the north in an economic powerhouse and who is the man behind it?
Ri
