United States Economy Of 1950

IntroductionEmerging victorious from adult male cont completion II five old age earlier , the United States in 1950 was reaping the benefits of a growing thrift - benefits that were real derived out of the dry land s participation in the WarThe remainder and mayhem brought by the global conflict also brought with it several(prenominal) positive contributions to the economy . Some would even argue that the uncouth s participation in World War II actually saved it from the Great DepressionTo understand the economic boom of the fifties it is necessary to appreciate the positive impacts that were borne out of World War II . The foundation for the economic expansion and growth go through in 1950 and several years after that were laid during World War IITo fund and support the country s contend while efforts , it had to recruit millions of American soldiers to be sent to the state of war movement as well as to be stationed at al-Qaida . Factories had to be built to produce war materiel - guns and ammunitions , armament transport , tanks , fighter planes and bombers , etcTo man the factories women and older people had to be recruited as most of the able-bodied men were at war . WWII created jobs and gave life to many industries and energized a nationAmong the industries that prospered during and immediately after the war were the news industry , the agriculture industry and even Hollywood . Industries that produced transport and plant machineries also prosperedThroughout the War , women , for the first m , were given the opportunity to work outside their homes and participate in nation building . The participation of the women in the labor press started to increase during this timeThe War also provided opportunities that would later be manifested in the 1950s . Take for example many of America s products went afield - introducing themselves to new marketsMany had actually feared that the end of the War would lead the country back to depression .

With production of military supplies coming to an end , this fear had its basis - for the entire economy was propped up by all that had to do with the global conflictFortunately , this was not the case . The victory relished by the nation brought about confidence in the authorities and the economy . The common consumer best exhibited this confidence as the inviolable consumer demand spurred economic growth after the WarLeading towards the 1950s , industries that undergo a surge in growth included the railroad car industry and the housing industry , and new industries experienced raving mad births - industries such as aviation and electronicsThere was also another upshot of WWII that contributed to post War growth - the Cold War surrounded by U .S . and the U .S .S .RMany of the military industries that sprouted during the war proceed to do big business after it . As communistic block emerged as a military power in Europe , America had to arm itself against what it considered as a affright . Huge investments were made in the defense of the country . such(prenominal) investments meant...If you want to get a full essay, order it on our website: Ordercustompaper.com

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