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Becuase the men were at war which opened up more jobs. So then women started doing mens jobs and getting a pay check. Then they got a pay check from the men at work which also helped the economy. Also some of the teenagers were starting to get jobs and some people living on the street got jobs. So now we had money flowing again and then we had a better flowing economy. Thats how we recovered so rapidly from World War 2.
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∙ 12y ago
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What did World War 2 cause?
There are a number of things that the World War 2 caused. This caused stagnation in production and industrial activities which hurt the economy, there were causalities and deaths among other things.
What caused the economic growth of the US's economy after World War 2?
The invention of credit cards
Did the Great Depression happen between the world wars?
Yes, in the 1930's. After the stock market crash in 1929, the US economy fell into a depression. Hoover was voted out and Roosevelt instituted relief programs. Also, preparing for World War 2 (some of which had to be done secretly) helped the economy recover. My understanding of the Great Depression is that it was worldwide, with the most prosperous countries hit the hardest. The economy of Germany's new Weimar Republic collapsed in the 20's before the US economy, and it caused this government to be replaced by the National Socialist (Nazi) Party which instituted recovery programs more extreme than those allowed in the US, and gave the Germans a head start in World War 2.
How did World War 1 costs lead to the Great Depression?
It didn't really. The Great Depression was caused more by the drought which devistated the economy.
Why did Spain's power begin to decline?
It began to decline after an influx of bullion (gold/silver) into the country after the discovery of the new world which caused inflation and wrecked spain's economy.
What caused the economy to recover after World War 2?
U.S. involvement in the problems of countries that were severely bombed and in ruin.
How did the world war 1 affect the economy of the US?
it caused the economy to go down
What is the economy in china?
The current economy in China is the most rapidly changing economy in the world. It has a large area to farm on aswell.So whenever you go to china,go farming.
How did the conclusion of world war 1 affect the political climate in Europe?
The war had caused the deaths of millions and the destruction of numerous cities and farms. The European economy was in ruins. It would take years to recover. Germany experienced political turmoil after the war.
What did the economy experience?
If you mean how did the World War 2 effect the economy the answer is simple: The US profited greatly. They no longer had unemployment and their economy stabilized after the long depression. The United Kingdom did not recover from the depression as well as the US did so the war economy helped their sluggish economy somewhat but it still took ten more years after the war to fully recover. The European countries were devastated and had to begin again.
How was the economy during?
The U.S. economy was rapidly pulling its way out of the Depression because new jobs were being created to help fuel the need for military supplies around the world.
What is a problem caused by having an export economy?
It causes a reliance on world market prices.
What is a problem caused by having export economy?
It causes a reliance on world market prices.
What did World War 2 cause?
There are a number of things that the World War 2 caused. This caused stagnation in production and industrial activities which hurt the economy, there were causalities and deaths among other things.
Why did the US economy collapse in 1920?
The United States economy was in recession due to the spending of World War I during the 1920s. This caused the Depression where there was a decline in real products.
What is economics in China?
The current economy in China is the most rapidly changing economy in the world. It has a large area to farm on aswell.So whenever you go to china,go farming.
What was the significance of the panic of 1857?
a financial panic in the United States caused by the declining international economy and over-expansion of the domestic economy. Indeed, because of the interconnectedness of the world economy by the time of the 1850s, the financial crisis which began in the autumn of 1857 was the world's first world-wide economic crisis
