Answer: The impact of the Korean War on the Economy of the United States refers to the ways in which the American economy was affected by the Korean experience from 1950 to 1953. The Korean War boosted GDP growth through government spending, which in turn constrained investment and consumption.
Explanation:
Due to the Berlin Conference, the current political and geographical map exist. The Berlin Conference was basically the race for territories in Africa. The significance was the map of Africa had been re-created. <span />
1. GNP rose
2. By the end of the decade automobile ownership decreased dramatically
3. Optimism
4. 18th Amendment
5. America's most important strength
6. Wilson emphasized peace
7. Bought stock on credit
They came from Europe because America had a booming economy.
