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
WW2 resulted in a massive growth in the US economy at a time when most of the competition was struggling to cope so after WW2 they could mass produce ships, cars and lots of other items, but there were few customers outside of America that could afford to buy stuff and most of what was produced people started to get concerned about huge amounts of pollution.
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