I just can’t understand how the Golden Age in USA emerged after the World War 2. Although they “won” the war, they spent billions of dollars on their military and on the Marshall plan to assist and to restore the economic infrastructure of many countries in Europe.
EDIT: There are some comments mentioning that the USA didn’t get bombed during the WW2. I know that, but USA has never gotten bombed. Why did it happen right after the WW2 and not later?
In: Economics
I mean everyone goes on the big things at the national level, but one incredibly powerful thing that happened after the war, was that just about everyone had something called disposable income. Before the war this was something only the rich and well off had. Now even people at the poverty line had a little bit.
Disposable income is a huge deal.
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