19 ноя 1952 г. - The U.S. gross national product reaches a record of $346.1 billion and continues to grow

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The market value of goods and services (both domestically and abroad) has been going up at an astonishing rate. Gross national product (GNP) is an assessment of the total value of all the products and services that occurred during a given period by a country's residents. Calculating GNP consists of taking the sum of personal consumption, private domestic investment, government investment, net exports and any income earned by residents from overseas investments, minus income earned within the domestic economy by foreign residents. The GNP's growth during the 1950s showed that the U.S. was economically prospering because so many citizens were consuming, investing, and boosting America's economy. With the boost in the U.S.'s economy, the government was able to make more investments, build more things for the community, and other things involving money and expenses.

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"Graph, Real Gross National Product, 1925-1970." Gale Encyclopedia of U.S. Economic History, edited by Thomas Carson and Mary Bonk, Gale, 1999. U.S. History in Context, http://link.galegroup.com/apps/doc/EJ2210040887/UHIC?u=oak30216&sid=UHIC&xid=4cf1c448. Accessed 29 May 2019.

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