Post-War Economic Boom 0.0 / 5 ? HistoryAmerica - 19th and 20th centuryA2/A-levelEdexcel Created by: _awesome_ECreated on: 09-05-16 11:08 'A people of plenty'- David Potter 1954 Americans were the best feed, best dressed, most comfortable people on planet earth 1 of 6 Evidence of the Boom- Low Unemployment It never went above 8.6%, however it was not full employment 2 of 6 Evidence of the Boom- Huge Industrial Production They produced 50% of the worls goods between 1945-54, 6% of the worlds population 3 of 6 Evidence of the Boom- Doubling of GNP $502bn per year by 1954 4 of 6 Evidence of the Boom- Higher Standard of Living Greater access to consumer goods 5 of 6 Evidence of the Boom- Emergence of a bigger middle class Much more even spread of wealth, 60% of Americans consider themselves to be middle class by 1954 6 of 6
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