Question

Do you think there was economic growth after World war 2?Why do you say so?

Answer 1

Yes, there was large economic growth after World War II.

Explanation:

One of the main reasons the economy grew after World War II was because many people were spending money. During the war, soldiers were being paid for their work. Women who were working in factories were as well, but neither of them were really spending their money. Many people simply decided to save their money, but after the war, many started spending it.

Industrialization was booming as well. The factories that were strictly only selling war goods during the war had now changed back to consumer products such as cars and radios. With the amount of money people had saved up and the industries now pushing out consumer goods again, many people were buying new products.

Answer 2

Explanation:

• After 1945 the major corporations in America grew even larger.

• Large corporations also developed holdings overseas, where labor costs were often lower.

• Workers found their own lives changing as industrial America changed.

• Fewer workers produced goods; more provided services