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.
Uhm maybe A?idrk i don’t remember
Answer:
Parents.
Principal.
Explanation:
In my family, power is divided according to seniority and responsibility. Since my parents are the oldest and the most responsible ones who look after the family, they have the most power in the family. This decision was made by the society itself. It is a social understanding that parents hold the most power in a family.
In my school, power is divided according to the institutional set up. The most powerful person at the top is the principal then the teaching faculties and finally the non-teaching staffs. This decision is normally made by our principal in accordance to the state board of education.
