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What caused the economic growth of the US's economy after World War 2?
Wiki User
∙ 16y ago
The invention of credit cards
Wiki User
∙ 16y ago
alehhk
The baby boom
Teresa Hamill
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What is the economy of the Philippine after the world war 2?
The Philippine economy surged upwards with the reconstruction and growth of US military bases in the country.
What statement best explains the overall impact impact of the age of discovery?
Exploration and the growth in world trade led to social, political and economic changes all around the world.Exploration and the growth in the world trade led to social, political, and economic changes all over the world.
How and why did the Great Depression change liberal notions operating in the world economy of the 1920?
For starters, all of the major currencies left the gold standard during this time period, which aided recovery. Most countries also shifted to variations of the mixed economy with much more government involvement in the economy. This is in stark contrast to the liberal laissez-faire economic policies before. The severity of the Great Depression caused governments and economists to rethink global and local economic policies.
British control in India?
India in the 1700's Had the world's largest democracy but, its inefficiency to balance population growth and economic growth became a huge problem
What did World War 2 cause?
There are a number of things that the World War 2 caused. This caused stagnation in production and industrial activities which hurt the economy, there were causalities and deaths among other things.
What war caused sustained economic growth?
World War 2 caused sustained economic growth.
What was the condition of America’s economy following World War I?
there was a brief recession, followed by economic growth
What was the condition of americas economy following world war 1?
There was a brief recession, followed by economic growth
Why did the Eastern European nations maintain the institution of serfdom and how did that policy retard economic development?
Serfdom was an unsustainable economic system, and it stunted the growth of the eastern European economy because eastern Europe maintained a farm-based economy long after the rest of the world had turned to an industrial economy.
What was the state Japan's economy following World War 2?
Japan's economy experienced tremendous growth following World War 2, so much so that it's often referred to as the Japanese post-war economic miracle. The country eventually suffered economic stagnation in the 1990s.
What was the significance of the panic of 1857?
a financial panic in the United States caused by the declining international economy and over-expansion of the domestic economy. Indeed, because of the interconnectedness of the world economy by the time of the 1850s, the financial crisis which began in the autumn of 1857 was the world's first world-wide economic crisis
What economic system does India have?
The Indian economy is the world's twelfth largest according to market exchange rates. It is also the fourth largest economy by purchasing power parity (PPP) basis. From 1947 to 1991, the India Economic System was based on social democratic-based policies. The policies feature protectionism, extensive regulation and public ownership which led to slow growth and corruption. But the economy has moved to a market-based system with economic liberalization starting in 1991. The growth rate of the economy increased in 2000's with healthier economic reforms and policies. India became the second-fastest growing major economy in the world by 2008. In economic terms, India has a Mixed Market Economy - it uses a variety of government regulations to control the economy, but relies primarily on market forces to set pricing and demand and uses the general principles of capitalism.
What economic-system does Russia have?
The Russian economy is considered a high income economy by the world bank. The economy of Russia is considered the 8th largest economy in the world.
Is there economic justice in Pakistan?
There can be no economic justice anywhere in the world as long as there are humans involved in the economy.
How did the world war 1 affect the economy of the US?
it caused the economy to go down
What was true about the economic boom after World War 2?
The American economy became the world's strongest.
United kingdom economic system?
The United Kingdom is a First World country with an industrialized economy. It is the sixth largest economy in the world.
