1) What economic changes occurred post WWII?
The economy held its ground through the late 40's. By 1950, the economy began to skyrocket. American pushed toward, and reached, a new age of prosperity. By 1960, America's national income nearly doubled, and then doubled again by 1970. And by 1973, Americans made up 6% of the world's population and held 40% of the money. Post-war military projects kept the "military-industrial complex" in business and so there were tons of jobs in military-related areas.
2) What social changes occurred post WWII?
The middle class emerged during these years. The class doubled in size and they expanded their ambitions: two car garage, a swimming pool, and whatever else. Women also emerged stronger than ever. Post war they were 25% of the workforce, and about five years later, they made up the 50%. The worker production increased. More Americans went to and stayed in school. The increased education meant this increased the standard of living.
The economy held its ground through the late 40's. By 1950, the economy began to skyrocket. American pushed toward, and reached, a new age of prosperity. By 1960, America's national income nearly doubled, and then doubled again by 1970. And by 1973, Americans made up 6% of the world's population and held 40% of the money. Post-war military projects kept the "military-industrial complex" in business and so there were tons of jobs in military-related areas.
2) What social changes occurred post WWII?
The middle class emerged during these years. The class doubled in size and they expanded their ambitions: two car garage, a swimming pool, and whatever else. Women also emerged stronger than ever. Post war they were 25% of the workforce, and about five years later, they made up the 50%. The worker production increased. More Americans went to and stayed in school. The increased education meant this increased the standard of living.