1 sept 1950 año - 1950's

Descripción:

Between the years of 1945-60, the gross national product doubled. By 1970, the gross national product consumed over 2/3's of the worlds with only 6% population.

What contributed to the economic surge?
1: Massive federal expenditures during WWII
2: Cold War increase in defense spending
3: Military-related research; chemicals, aviation,
electronics
4: American monopoly
5: American efficiency – machines and computers
6: Consumerism

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