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How did easy credit affect the postwar economy?
Easy credit in the postwar economy facilitated consumer spending and fueled economic growth, leading to increased demand for goods and services. This accessibility to credit allowed households to purchase homes, cars, and appliances, contributing to the expansion of the middle class. However, it also led to rising levels of consumer debt and, in some cases, financial instability as individuals overstretched their finances. Overall, easy credit played a crucial role in shaping the prosperous economic landscape of the postwar era.
How did the G.I. Bill help grow the postwar economy in the 1950s?
Answer this question… It put money in the hands of veterans to buy homes, go to college, and build families.
Whi is scarcity important in economics?
Scarcity is the fundamental basis of economics. Without scarcity, there would be no economy.
Why did the American economy change from a producer durable goods economy to a consumer durable goods economy?
yes
How did the economy change after 911?
badly
How was the economic system of postwar Canada different from that postwar of Poland?
Canada, a NATO country, had a free-market economy. Poland, a member of the Warsaw Pact, had a command economy.
Who was the American leader who presided over postwar japan?
MacArthur helped shape the postwar economy of Japan. The Japanese even named their constitution the MacArthur Constitution. He helped lead Japan into a democratic government and helped restabilize the economy.
What problems led to a weak postwar economy?
the united states was unsure of the requirementd of its new status.
What has the author Peter Burnham written?
Peter Burnham has written: 'Remaking the Postwar World Economy'
What steps did the allies take to promote growth in the postwar global economy?
The Marshall Plan to allow the booming American economy to help devastated Europe
The origins of the Cold War lay in a fundamental disagreement between the US and the Soviet Union over postwar arrangements in?
Eastern Europe
What impact did the civil war have on the postwar American economy?
The Civil War created a stronger and more stable economy in postwar America. There were organizations and programs put in place such as the IRS that helped to balance out the economy. People also gained a better understanding of how to save for the future.
In what sense did postwar Atlanta symbolize the new south?
It's diverse economy based on transportation and manufacturing boomed.
The sector of the economy that grew most rapidly in the postwar era surpassing the manufacturing and agricultural sectors?
the service industry
What was the Movement Of Change In The Postwar US?
a return to a normal state of affairs
How were the postwar governments and alliances of Canada different from those of Poland?
Canada, a NATO country, had a free-market economy. Poland, a member of the Warsaw Pact, had a command economy.
How was the economic system of post war Canada different from that of postwar Poland?
Canada, a NATO country, had a free-market economy. Poland, a member of the Warsaw pact, had a command economy.
