Question

Which of the following was a way that wartime industry shifted in the years following the war to promote economic prosperity and growth?
a. The government shifted its resources from defense spending to helping big industries like the auto industry.
b. The decline of the defense industry led workers to seek employment in other industries.
c. The government sold wartime factories to private enterprises.
d. Women who had entered the workforce during the war provided plentiful and cheap labor.

Answer 1

Answer: a. The government shifted its resources from defense spending to helping big industries like the auto industry.

Explanation:

The era after the second world war saw massive government spending in the American economy. The government invested heavily in construction, education, the auto industry and others.

This led to unparalleled prosperity as Americans enjoyed high employment and high growth rates which led to high consumption and investments such that the American economy surged forward in leaps and bounds.