How did the American economy improve after the Great depression?

Answer 1

Economic Recoveries in the nations after World War 2:

• The Marshall Plan which provided economic aid
• No more spending on the war
• Debts repaid
• Americans had more money and began a consumerism age
• The Brits received aid from the US and installed social recovery programs
• The Japanese received aid, help from professionals and scientists
• Japanese women were allowed to work, get an education and could be freed of restrictive traditions
• Democracy and self-rule of new nations
• Independence of nations under imperial rule

Answer 2

After World War Two, European industry and farming were destroyed as a result of the war. In America, there had been no fighting so industry and farming remained intact. The US economy prospered by providing the needs of the war torn Europe. Also, the US defense industry continued to grow based on a perceived threat from the Soviet Union. Stalin would not withdraw from various Eastern European nations. In addition, Stalin's ideology concerning the spread of communism did not seem to change. With this said, both the USSR and the USA, used their defense industries to build weapons. It was more difficult for the Soviets however, as they too had lost their farming and much of their industrial base due to the war.

Answer 3

they basically made taxes lower and gave out some jobs also some women had to go to prostitution but soon it all went down in a good way.

U Dun KNO

SHIFTY 10

Answer 4

the creation of the GI Bill

the Marshall Plan for helping nations

Answer 5

WW2