answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

What was contributed to economic growth in America after world war ii?

After World War II, several key factors contributed to economic growth in America. The GI Bill facilitated education and home ownership for returning veterans, boosting consumer spending. Additionally, the expansion of the manufacturing sector, fueled by technological advancements and increased demand for consumer goods, played a significant role. Finally, the rise of the interstate highway system improved infrastructure and connectivity, further stimulating economic activity and growth.


What is the contribution of the IT sector to India?

The IT sector in 2008 is estimated to have contributed to just 2% of India's GDP. However it was responsible for a significant of 12% of growth in that year. Source: World Bank Economic Survey, Emerging Economic Giants 2008 The IT sector in 2008 is estimated to have contributed to just 2% of India's GDP. However it was responsible for a significant of 12% of growth in that year. Source: World Bank Economic Survey, Emerging Economic Giants 2008


What contributed to the emergence of a new interdependent global economic system in the New World?

Raw materials contributed to the emergence of a new interdependent global economic system in the New World


What war caused sustained economic growth?

World War 2 caused sustained economic growth.


What contributed to economic growth in American after world war 2?

After World War II, several factors contributed to American economic growth, including increased consumer demand fueled by post-war prosperity and the expansion of the middle class. The GI Bill facilitated access to education and home ownership for veterans, further stimulating the economy. Additionally, advancements in technology and productivity, along with significant government spending on infrastructure and defense, played a crucial role in driving economic expansion during this period. Lastly, the U.S. emerged as a global economic leader, benefiting from a dominant position in international trade.

Related Questions

What fueled economic growth but also enflamed old rivalries and contributed to two world wars?

Rearmament


One factor that contributed to the growth of consumerism in post-World War 2 America was?

the increased availability of credit.


What was the condition of America’s economy following World War I?

there was a brief recession, followed by economic growth


What is the contribution of the IT sector to India?

The IT sector in 2008 is estimated to have contributed to just 2% of India's GDP. However it was responsible for a significant of 12% of growth in that year. Source: World Bank Economic Survey, Emerging Economic Giants 2008 The IT sector in 2008 is estimated to have contributed to just 2% of India's GDP. However it was responsible for a significant of 12% of growth in that year. Source: World Bank Economic Survey, Emerging Economic Giants 2008


What contributed to the emergence of a new interdependent global economic system in the New World?

Raw materials contributed to the emergence of a new interdependent global economic system in the New World


How did America contribute to World War 1 before 1917?

America contributed to World War 1 before 1917 by supplying the warring countries with military goods. This led to an economic boom that sustained America's war spending when it eventually entered the war.


What war caused sustained economic growth?

World War 2 caused sustained economic growth.


Which factor contributed most to the rise of totalitarian governments in Europe World War 2?

world wide economic depression


What was the impact of world war 2 on chicago?

Strong economic growth


What can greece actually do to engineer the economic growth that it desperately needs?

To engineer the economic growth that it desperately needs, Greece can establish and promote sustainable industries in the developing world.


What percentage of the world's population is in North America?

North America has about 7% the world's population and accounts for 1/3 of the world's economic output.


What contributed to the economic successes of the US in the 1950s?

Other industrial countries had suffered more from World War II