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
The US made bank selling supplies during the war and then more bank selling more supplies to war torn countries that were trying to repair and recover.
Since we never got bombed (aside from Pearl Harbor) we didn’t need to repair anything, so all of the extra cash-flow went right into improving everything we already had and the US became an economic powerhouse.
Finally there was the cold war. A time of tension that spurred on unity and growth without actually needing to fight costly battles.
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