Dec 20, 2009
When World War II ended in 1945, the United States embarked upon an unprecedented period of economic prosperity, driven by the increase in industrial production markets brought about by the war. Unlike the Great Depression and the war years, Americans had a surplus of goods and services from which to choose, and the money with which to purchase them. Nonfarming businesses grew by one-third, and housing construction became a booming industry. However, the economic situation was not improved for the poorest Americans during this time. The economic boom brought high inflation, which kept...
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