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.
Answer:
A. He created the Federal Reserve System, which allowed the government to control the flow of money in the country.
Explanation:
The federal Reserve enable the central government to print /create the money that circulated in the country. This ability give the power to the central government to control the rate of inflation/deflation the country.
For example, If the country is experiencing inflation, the central government could reduce the amount of printed money. By doing this, the value of money circulated in the country will gradually increase and the rate of inflation be reduced.
“Owe my soul to the company store”
Buying on credit, from employer, means you will likely fall into a cycle of debt to one supplier. Limiting your ability to make purchases from other vendors.
Or to even look for work in another town/move on. Until you pay of your recurring debts, employer effectively owns you!!
Companies in say mining towns, owned or controlled every business from butcher shop, general stores, the bank etc. A monopoly.
Answer:
ethnic nationalism, political nationalism, religious nationalism, and or cultural nationalism.