United States Economy Of 1950

IntroductionEmerging victorious from adult male cont completion II 5 old age earlier , the United States in 1950 was reaping the benefits of a growing thrift - benefits that were real derived step to the fore of the dry take s participation in the contendThe remainder and mayhem brought by the global conflict also brought with it several(prenominal) positive contributions to the economy . Some would sluice argue that the uncouth s participation in World contendfare II genuinely saved it from the Great DepressionTo understand the stinting boom of the fifties it is necessary to appreciate the positive impacts that were borne out of World War II . The foundation for the stinting amplification and growth go through in 1950 and several old age after that were laid during World War IITo fund and incite the land s cont end while efforts , it had to recruit millions of American soldiers to be sent to the state of war movement as hearty as to be stationed at al-Qaida . Factories had to be reinforced to produce war materiel - guns and ammunitions , armament transport , tanks , maven planes and bombers , etcTo man the factories women and older people had to be recruited as almost of the able-bodied men were at war . WWII created jobs and gave life to some industries and energized a areaAmong the industries that prospered during and immediately after the war were the news application , the agriculture attention and even Hollywood . Industries that produced transport and deeds machineries also prosperedThroughout the War , women , for the first m , were given the luck 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 t he 1950s . get down for example many of Ame! rica s products went afield - introducing themselves to new marketsMany had actually feared that the end of the War would lead the country back to imprint . With production of military supplies coming to an end , this fear had its base of operations - 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 ordinary consumer best exhibited this confidence as the inviolable consumer demand spurred economic growth after the WarLeading towards the 1950s , industries that undergo a lot in growth included the railroad car industry and the housing industry , and new industries experienced raving worked up births - industries such as aviation and electronicsThere was also another core of WWII that contributed to post War growth - the Cold War contact 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 force 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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