What was economy like after WWII?

Answer 1

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Answer 2

Actually it was quite bad at first. The men coming home from the war had no work. The factories that had geared up for war production now had to shift to civilian products.
Although Truman now is seen as a great president he just barely won re-election after finishing out Roosevelt's term. He never ran for a second term(actually third if you count Roosevelt's) because of the bad economy and the mess in Korea in the early 50's
It wasn't until Eisenhower became president that things turned around. However, he had little to do with it. By that time the factories were starting to turn around and the economy picking up. In a way the Korean war helped. It kept some service men from returning home which kept the unemployment down. Factories that were in war production could stay that way since they needed it for the war in Korea. By the mid 50's things were in a boom era. But the period between 1945 and 1951 were not so good.

Answer 3

During WWII, women went to work while men went to war. This was of course way cool for women. After the war, men came home and returned to the factories, and women returned to their domestic sphere, which was not so good for a lot of women. There was a housing boom (which helped the economy) and and the consumer culture took off, making the economy very good. Men had jobs, women had babies (which also helped the economy) and bought merchandise to "keep up." This is only true of the white middle and upper classes. The poor were still poor, the minority cultures still lived in urban areas and struggled. So, it depends on what aspect you are looking at.

Answer 4

A real mess which was saved by stolen gold (Jewish) confiscated by the Allies from the surrendering Nazis and in Asia, Chinese gold stolen by the Japanese and confiscated by the same Allies.

The same allies which are now some of the richest nations in the world. G8

Answer 5

boom time!