How did the nation experience recovery and economic prosperity after world war 2

1 answer:

3 0

The GI Bill of Rights and a strong demand for consumer good - coupled with defense spending on the Korean War and increased foreign demand for U.S. goods - greatly improved the economy. The US became the richest country in the world.

The hardships of the previous fifteen years of war and depression were replaced by rising living standards, increased opportunities, and a newly emerging American culture confident of its future and place in the world.

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