How the American economy changed after WWII ended?

Answer 1

It's actually wrong to say the economy was doing any good till around when the war ended. We had a high employeement until it's end.

Once the war ended, we were essentially one of the few industrialized nations with a infrastructure, and therefore we dominated the recovery of all other nations...not only because of our infrastructure, but because of the political influence of being the ones whom saved/defeated their countries in Europe (or Japan).

Prior to the war, Britain was top economic giant of the world, but with their problem durning the war we leapfroged or rather stayed stable among the problems. With the recovery of incoming soldiers, and the demand in our production, our employeement level actual went to healthy levels.

The baby-boom began, and the 'nucleur' family of the 50's began. Energy was evolving during that time period and essentially our savings were extremely high and spending was still fairly fast as well. This was the spectrum in the curb in which we started to feel relaxed in our spending conciousness, and it had a great deal in our recovery.

Even when the public felt it was to get bad, it didn't. It really wasn't till 68' and on that the era (and culture) of America was to change...although we all saw that coming earlier.

Frankly it was a good time economical in America. It really displays a modern America within the nucleur family, rather than a modern America whom is deeply influenced by the tv or media. ..which was the future, of coarse.

Answer 2

World War II got the United States out of a ten-year-long economic depression. The country went to work, building a war machine and manning the military.
At the end of WWII, the US was just about the only major country not in physical and economic ruin. The US economy was helped by the fact that we participated in rebuilding of other countries.
Before the war, our economy was zero. After the war, ours was the strongest economy in the world.

Answer 3

People began buying things and becoming more extravagant because things they could not buy during the war suddenly became accessible. "The New Look" was part of an example of this. Fashions that had been conservative on fabric became voluminous. women's skirts nearly reached the ankles and used entire bolts of cloth and men's suits were roomy. There was a lot more money around and people spent it on everything they could buy; washing machines, prepared foods, television sets and more were suddenly part of the American life where they had been non-existent or a mere luxury before the war.

Answer 4

This sounds as whether it quite is a homework question. there is no longer time or area to respond to this question thoroughly. yet purely slightly to get you going. the great develop of industry geared up to win WWII grew to become into attainable to transform to peace time customer products, from kitchen home equipment to autos. a great call for have been geared up up for the period of WWII for products that weren't attainable. the international have been busy combating and destroying and all that had to get replaced. The technologies of the conflict grew to become into grew to become to civilian use. An occasion grew to become into the beginning up of television which grew straight away out of the radar of WWII. Now get on with your learn and have it waiting on time.