The post–World
War II economic expansion, also known as the postwar economic boom, the long
boom, and the Golden Age of Capitalism, was a period of economic prosperity in
the mid-20th century which occurred, following the end of World War II in 1945, and lasted until the early
1970s. It ended with the collapse of the Bretton Woods monetary system in 1971, the 1973 oil
crisis<span>, and the 1973–1974
stock market crash, which led to the </span>1970s
recession. Narrowly
defined, the period spanned from 1945 to 1952, with overall growth lasting well
until 1971, though there are some debates on dating the
period. Booms in
individual countries differed, some starting as early as 1945, and overlapping
the rise of the East Asian economies into the 1980s or 1990s.
The Drought relief Service´s cattle slaughter program helped farmers struggling to sell livestock and helped feed many Americans. This was a government aid to the farmers since they couldn’t afford to keep their cattle and they got paid a lot more than they could´ve ever gotten from any market. This helped the cattle too since the government helped them to get better due to the drought.
No because it encourages inequality it further influences people's self esteem and worth.
Answer:
The second option
Explanation:
First of all, capitalism is an economic idea, so you can eliminate the first and last option right away. The idea of capitalism is that you have private owners that control the economy, that can receive profit. This runs contrary to a state-run economy, which is what communism has. So, the second option is the only choice that make sense because it defines what capitalism is: The idea that you can have an economy that +for the most part) is run completely by private businesses, without outside government interference.
