What major changes occurred in the U.S. economy in the post-war era? 🔊
In the post-war era, the U.S. economy experienced major changes characterized by a shift from wartime production to consumerism and growth in suburbanization. The expansion of the middle class and increased consumer spending transformed American society. The GI Bill contributed to education and home ownership for veterans, driving demand for goods and services. Additionally, advancements in technology and manufacturing processes advanced productivity, leading to an economic boom in the 1950s and 1960s. This period established the U.S. as a dominant economic force, significantly influencing global trade and economics.


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