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
US dominated manufacturing with manufacturing capacity decimated by war in Europe and Japan. They needed to rebuild and we supplied the goods to do so. There was also lots of pent up demand for consumer goods, homes, cars in the US after Great Depression and WWII, all those soldiers coming back from war to start families, buy homes in the suburbs and cars.
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