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However, westward expansion provided the United States with vast natural resources and ports along the Atlantic, Pacific and Gulf coasts for expanding trade, key elements in creating the superpower America is today.
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continued wartime government controls kept prices of consumer goods low.
Explanation:
The economic growth in the early 1950's was the beginning of an era of intense economic expansion in the US and in the capitalist world that lasted for nearly 30 years. The growth experienced by the Western economy is linked to a change in the factors of labor and capital production. The policy of low prices, carried by the government through controls during the war, allowed new consumers to reactivate the economy in a fast way. Also, technological advances, the implementation of economies of scale, and improvements in business organization increased productivity. The increase in the labor supply was due to the natural growth of the population (baby-boom) and the changes in the rate of the active population as a result of the massive incorporation of female labor, due to international population movements and the attraction of workers from agriculture. Not only were quantitative increases in the labor supply observed, but also qualitative increases due to the improvement of the educational system.
On the other hand, the technical progress experienced at this time was linked to the multiplication of raw materials thanks to the manufacture of synthetic fibers and metal alloys, the spectacular development of new machinery and instruments, the advances in the extraction of natural resources and improvements in transportation and communications. This technological revolution was fundamental for mass production, automation, and industrialization of science.
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Part A. One of the main conflicts had been the October War of 1973 -- also known as the Yom Kippur War (in Israel) and the Ramadan War (in Arab nations). That war had been by a coalition of Arab states, led by Egypt and Syria, against Israel. Israel had won and was occupying the Sinai peninsula.
Part B. The three key leaders involved were President Jimmy Carter of the United States, Prime Minister Menachem Begin of Israel, and President Anwar Sadat of Egypt.
Part C. It was monumental for these leaders to meet -- especially the leaders of Israel and Egypt, because they had been in conflict with one another since the establishment of Israel in 1948.
Part D The years since the Camps David Accords have seen a sustained peace agreement between Israel and Egypt -- one of the few lasting peace agreements in the Middle East.
