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.
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In his work, Politics Drawn from the Very Words of the Holy Scripture, the French bishop and theologian Jacques-Bénigne Bossuet (1627–1704) presented a convincing and rational argument in support of absolutism. ... Bossuet also intended his work to impress upon rulers the heavy responsibility that the throne entailed.
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With a population of 545,852, Albuquerque is New Mexico's most populous city, and the 32nd most populous in the US. Located in the north-central part of the state, the city serves as the county seat of Bernalillo County. The Rio Grande flows through Albuquerque, while the Sandia Mountains are located to the east.
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