Post-war prosperity Flashcards
1
Q
How many of the world’s goods did the US produce?
A
In 1947, despite only 7% of the world population being American, the US produced half of the world’s manufactured goods.
2
Q
By 1950 how many cars were on the road?
A
By 1950 there were 40 million cars on the roads.
3
Q
How much of the world’s electricity did the US produce?
A
It produced 43% of the world’s electricity.
4
Q
How much of the world’s steel did the US produce?
A
57% of the world’s steel.
5
Q
How much of the world’s oil did the US produce?
A
62% of the world’s oil.