The Post War Boom Era Flashcards
1
Q
When did take place?
A
1950’s to 1973.
2
Q
What caused the postwar boom?
A
Driven by growing consumer demand, as well as the continuing expansion of the military-industrial complex as the Cold War ramped up, the United States reached new heights of prosperity in the years after World War II.
3
Q
What problem did Americans face?
A
Men took women’s jobs, many defense workers were laid off, and prices inflated to 125%.
4
Q
Factors that contributed to it?
A
People had lots of money saved up, started to buy automobiles and houses, and aid programs created a strong export-market.
