The postwar economy symbolized a period of economic growth and expansion in the United States. Unlike Europe, which was struggling to rebuild after the war, the United States had emerged as the richest country in the world after World War II. A combination of the housing boom, the automotive industry, corporate wealth, the defense industry, and the GI Bill, escalated the country's wealth and world status.
Most post-war recessions are caused by the disruptions of the transition from war to peacetime production, combined with the release of large numbers of people from the military to civilian life.
recession
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
recession causes an increase in poverty
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Truman opened a men's clothing store from 1919 to 1922. Although the store failed because of the postwar recession. He almost went bankrupt paying off the debts for the store.
The army had a postwar celebration.
Most post-war recessions are caused by the disruptions of the transition from war to peacetime production, combined with the release of large numbers of people from the military to civilian life.
During the postwar period, there was little food.
During the postwar era, it did not see the end of imperialism.
Postwar teens were a major target group of businesses
Return to Normalcy was the name of Harding's postwar program.
The world is in a big recession.
The adjective of recession is recessionary.
Postwar teens were a major target group of businesses.
Postwar teens were a major target group of businesses.
Postwar teens were a major target group of businesses.