i think its increased savings by most americans...
The growth of the suburbs can be attributed to several factors, with one major reason being the post-World War II economic boom, which increased disposable income and led to a demand for affordable housing. Additionally, the expansion of the interstate highway system made commuting easier, allowing families to live further from urban centers while still accessing jobs and amenities. The desire for a quieter, more spacious lifestyle, along with the availability of land, also contributed to the suburban expansion during this period.
Several factors contributed to U.S. economic growth in the 1950s, including post-World War II industrial expansion, increased consumer spending, and the rise of the suburban lifestyle. The GI Bill facilitated education and home ownership for veterans, boosting the workforce and housing market. Additionally, technological advancements and the expansion of the automobile industry spurred job creation and infrastructure development, further fueling economic growth during this period.
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.
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Hire purchase was important in the growth of the U.S. economy as it allowed consumers to acquire goods, such as automobiles and household appliances, without needing to pay the full price upfront. This financing method boosted consumer spending and stimulated demand, fueling production and economic expansion. By making goods more accessible, hire purchase contributed to a culture of consumption that supported post-World War II economic growth and the rise of the middle class. Additionally, it encouraged businesses to innovate and expand their offerings, further driving economic development.
The tie between USA and Australia (ANZUS) is a military tie. It has nothing to do with or impact on Australia's economic growth post World War II. The USA is not a major trading partner of Australia.
Japan's economy experienced tremendous growth following World War 2, so much so that it's often referred to as the Japanese post-war economic miracle. The country eventually suffered economic stagnation in the 1990s.
The average American income in 1946 was around $3,000 per year. This was a period of post-World War II economic recovery and growth in the United States.
D. J. Frantzen has written: 'Growth and crisis in post-war capitalism' -- subject(s): Business cycles, Capitalism, Economic development, Economic history, International economic relations
seeking better economic life
the increased availability of credit.
Sumant Khanderao Muranjan has written: 'Shadows of hyper-inflation' -- subject(s): Inflation (Finance), Currency question 'Economics of post-war India' -- subject(s): Economic aspects, Economic aspects of World War, 1939-1945, Economic conditions, World War, 1939-1945 'Reflections on economic growth and progress' -- subject(s): Economic development 'Modern banking in India' -- subject(s): Banks and banking
Chin-Hee Hahn has written: 'Post-crisis growth and bankruptcy policy reform in Korea' -- subject(s): Bankruptcy, Economic conditions, Economic policy, Financial crises, Government policy
Zaibatsu
As a nation in urgent need of economic rebuilding, as the war had cost countless millions in cash, and we did not need a bankrupt Germany as an economic noose whilst we tried to rebuild.
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Vinoli Thampapillai has written: 'Legal and economic institutions for private sector growth in post-conflict economies' -- subject(s): Civil war, Dissertations, Economic conditions, Economic development, Rule of law, University of Toronto, University of Toronto. Faculty of Law