List some of the major reasons for the unprecedented economic boom that the US experienced in the post World War 11 period?

Answer 1

The american economy became the worlds strongest

Answer 2

A) Continued production of war goods in response to the threat of the Soviet Union

B) The Marshall Plan opened markets for U.S. produced goods

C) The creation of the IMF and World Bank assisted financially

D) Increased efficiency in the agricultural sector

E) Low Unemployment **Other reasons exist, but these are the predominate five of which I am aware

Answer 3

After 1945 the major corporations in America grew even larger and developed holdings overseas where labor was cheaper, the automobile industry and housing industry increased, and the GI bill sent many people to school and work creating a Middle Class. Also, people migrated to the suburbs creating a need for shopping malls and better road systems.

Answer 4

US manufacturing companies produced practically EVERYTHING during WW2: Food, Clothing (Uniforms), Rifles, Machineguns, Pistols, Hand Grenades, Bayonets (knives), Canteens, Belts, Steel Helmets, Hats, Back-Packs, Suspenders, Ropes, Chains, Wooden Pallets, Tractors, Artillery, Airplanes, Warships, Submarines, Merchant Ships, Pt-Boats, Landing Craft, Trains, Tanks, Trucks, Jeeps, Motorcycles, Bicycles, Roads, Bridges, Houses, Bombs, Bullets (ammunition), Fuel, Paper, Cardboard, Plywood, Nails, Saws, Drills, Cement, Asphalt, Tires, Rubber, Plastic, and Atom Bombs. When the war ended in 1945, all of the trained people and all of the machines that built those products were simply adjusted to produce civilian products. The rest of the world didn't have those machines of production; their's were destroyed from the war. US FACTORIES WERE NEVER BOMBED.

Answer 5

• The War had caused an economy boom and eliminated joblessness for nearly 4 years thus causing a final recovery of the Great Depression
• Women had saved a lot of the money they earned during the war time. This allowed the women or couples to use that savings to buy homes, cars or help pay for college educations or consumer goods.
• Consumerism grew as technology became available to the public, such as TVs, newer phones and extension phones, new cars, new boats, some cars even had telephones in them and radios.
• The GIs returned from the war and the majority of them went to college. When they graduated they entered professional jobs/careers. This raised the level of incomes and the middle class. They now had more to spend.
• FDR had implemented the "cash and carry" ideal so people would not buy on credit all the time and to do smarter investing/saving.

Answer 6

veteran' loans, increases savings from the war years, high demand for consumer goods, increase in per capita income

Answer 7

Returning World War II veterans spurred a population and housing boom driven in part by benefits from the GI bill.

Answer 8

List some of the major reasons for the unprecedented economic boom that the US experienced in the post World War 11 period?

Answer 9

people got more money