Why was the USA so prosperous in the years 1945-60?

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Why was the USA so prosperous in the years 1945-60?

  During the war the levels of unemployment were at an all time low, in 1944 unemployment fell to just 670,000 which meant any American that wanted a job could have one, this was because the American economy started to turn out large quantities of military equipment and people were employed to work at the factories where this equipment was made.

 The population of America increased by about 40 million between 1945-1960 and because of this the GNP almost doubled, during the 1950’s USA was producing half of the world’s goods.

  When World War began the government started spending vast amounts of money on munitions, vehicles and food for soldiers, with the government spending all this money on supplies it meant more employees were needed at various factories to make these things. Some businesses expanded because they were getting so much work and could take on more employees. The economy was growing. Even after the war the economy continued to grow this was because of the Cold War where more munitions, vehicles and food were needed.

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  Consumerism played a big part in America’s prosperity. Now that people had jobs like working in factories, nursing and child minding they could afford to buy items that they could not afford before like cars, between 1945 and 1960 the number of private cars increased from 25 to 62 million. People could how afford to buy televisions, there were 3.5 millions televisions sets in the USA in 1950 and by 1960 that number had increased by 83.2 million. Now that must of America had televisions the amount of commercials increased and took up 20% of broadcasting time which ...

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