As the Cold War unfolded in the decade and a half after World War II, the United States experienced phenomenal economic growth. The war brought the return of prosperity, and in the postwar period the United States consolidated its position as the world's richest country. Gross national product, a measure of all goods and services produced in the United States, jumped from about $200 thousand-million in 1940 to $300 thousand-million in 1950 to more than $500 thousand-million in 1960. More and more Americans now considered themselves part of the middle class.
The growth had different sources. The automobile industry was partially responsible, as the number of automobiles produced annually quadrupled between 1946 and 1955. A housing boom, stimulated in part by easily affordable mortgages for returning servicemen, fueled the expansion. The rise in defense spending as the Cold War escalated also played a part.
Answer:
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative passed in 1948 for foreign aid to Western Europe. The United States transferred over $12 billion (equivalent to over $128 billion as of 2020) in economic recovery programs to Western European economies after the end of World War II. Replacing an earlier proposal for a Morgenthau Plan, it operated for four years beginning on April 3, 1948
Explanation:
Marshall Plan
Enacted by the 80th United States Congress
Effective April 3, 1948
Citations
Public law 80-472
Statutes at Large 62 Stat. 137
Congress is the legislative branch
The confederation helped the century evolve
Answer:
Angry men and women accosted merchants who hoarded, overcharged or monopolized coffee, tea, sugar or flour.
Explanation:Women led many of the food riots during the American Revolution.
