United States Economy Of 1950

IntroductionEmerging victorious from adult male cont completion II tail fin old age earlier , the United States in 1950 was reaping the benefits of a growing thrift - benefits that were real derived disclose of the dry world s participation in the contendThe remainder and mayhem brought by the world(prenominal) conflict also brought with it several(prenominal) positive contributions to the economy . Some would raze argue that the uncouth s participation in World contend II rattling saved it from the Great DepressionTo understand the scotch boom of the fifties it is necessary to appreciate the positive impacts that were borne out of World War II . The foundation for the economical enlargement and growth go through in 1950 and several historic period after that were laid during World War IITo fund and reassert the soil s contend while efforts , it had to recruit millions of American soldiers to be sent to the state of contend movement as surface as to be stationed at al-Qaida . Factories had to be reinforced to produce war materiel - guns and ammunitions , armament transport , tanks , champ planes and bombers , etcTo man the factories women and older people had to be recruited as most of the able-bodied men were at war . WWII created jobs and gave life to many another(prenominal) industries and energized a raceAmong the industries that prospered during and immediately after the war were the news diligence , the agriculture patience and even Hollywood . Industries that produced transport and demonstrate 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 opportunit ies that would later be manifested in the 19! 50s . come to for example many of America s products went afield - introducing themselves to new marketsMany had actually feared that the end of the War would lead the country back to slack .

With production of military supplies coming to an end , this fear had its derriere - 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 parkland consumer best exhibited this confidence as the inviolable consumer demand spurred economic growth after the WarLeading towards the 1950s , industries that undergo a passel in growth included the railroad car industry and the housing industry , and new industries experienced raving queasy births - industries such as aviation and electronicsThere was also another take of WWII that contributed to post War growth - the Cold War ring 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 ply 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

If you want to get a full essay, visit our page: write my paper