Question

During the 1950’s and 1960’s which of the following is true regarding the U S economy? A. Average annual incomes decreased.

Answer 1

Answer:

D. The Gross National Product increased.

Explanation:

With the outcome of World War II, the United States could be considered the great winners, since its territory had not been massively destroyed, the loss of life was small (despite the 400,000 soldiers killed in combat, not counting the wounded and missing) and the war effort provided economic growth.

Indeed, between 1939 and 1945, the United States entered a period of development resulting from increased gross national product, increased agricultural and industrial productivity, and declining unemployment rates. To give a sense, imports increased by approximately 75% while exports reached 340%.  This economic growth was most notable after 1945 because the United States, in addition to supplying the domestic market, was also supplying war-torn countries.

In the 1950s, American society was seen abroad as the land of plenty: of people, goods and technical means. And it was already affirmed as capitalist urolacia in the race for the leadership of the western world. At the origin of this hegemonic position were several factors: the American investments applied in Europe during the post-war period, which gave it a position of supremacy both commercially and financially; the bet on a policy that would break the isolation of the Cold War era by opening up alliances to counter the growth of communist regimes; the development of the American capitalist system through the establishment of multinational corporations outside the country; and the accelerated economic growth of the United States until the 1970s, accompanied by an increase in the dependence of other countries on the United States. Since the Second World War, the government has directly killed between 20 million and 30 million, apart from murders committed by dictatorships that were supported by their government and / or raised to power with American support.

Answer 2

The answer is a, have a nice day