Truman Administrations - Domestic Issues
Domestic Issues
Soon after Truman became president, the U.S. economy went through an immense transition from emergency wartime production of munitions to peacetime production of consumer goods. This process of "conversion" brought benefits to millions of people, who were able to spend money they had earned and saved in the high-employment, high-wage years of the war, when consumer goods were unavailable. Much of the population wanted to preserve the gains it had made in basic social welfare during the New Deal years but feared the return of depression conditions now that the war was over. These years saw the start of the "baby boom" and the anxious pursuit of suspected Communists, who replaced Nazis as the United States's new presumptive enemy.
Truman presided over the period of rapid economic growth as the United States became the world's first consumer-oriented affluent society. The Depression did not return but growth was...
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