Question

BRAINLIESTTT ASAP!! PLEASE HELP ME :)

Answer 1

The Economic boom was the period of fast economic growth. International trade had increased during and after World War II.  When the United States won the war, many European countries had to repay their financial debts to the United States for their aid. During this time, the United States was the richest country in the world.

The baby boom generation earned more than any previous generations and enjoyed a higher standard of living. Not to mention, they also spent their money lavishly and did not properly adequately prepare for retirement. This had an effect on the economy as boomers worked and spent less.

Using the G.I. bill of rights had millions of returning soldiers getting an education and buying homes in the growing suburbs. 1/3 of Americans were living in the suburbs by 1960.