Many people lost their savings.
Answer: Great society was launched by President Lyndon B. Johnson in 1964 to 1965. Great Society was a set of domestic policy initiatives designed to eliminate poverty and racial injustice in the United States, reduce crime and improve the environment. President Johnson in his speech explained that to advance the quality of our American Society, “we have the opportunity to move not only toward the rich society and the powerful society, but upward to the Great Society. It is a place where men are more concerned with the quality of their governments than the quality of their goods. The Great Society rests on abundance and liberty for all. It demands an end to poverty and racial injustice.”
The great society was aimed to provide aid to education, attack on disease, medicare, urban renewal, beautification, conservation, development of depressed regions, a wide-scale fight against poverty, control and prevention of crime and delinquency, and the removal of obstacles to vote.
Answer: The opposing powers in a proxy war use others to fight on their behalf.
The need for increased production as the population was growing.
The technological inventions that enabled production on a bigger scale.
The exploitation of countries in Africa which allowed more goods to be obtained.
The diversification of needs as people started having increasingly diverse desires.