For most Americans, the 1950s are years of astonishing prosperity in contrast to a world economy that has been devastated by the war. Europeans turn to socialism during this period while the U. S. grips the free enterprise system with enthusiasm, the only major industrialized economy equipped to provide reconstruction There is a vast boom in consumer expenditures that was not possible during war time. The government becomes major customer of American industry investing in the military, construction of roads and bridges, and communication networks. The extraordinary need for housing after the war is supported by the GI Bill benefit and affordable loans.

US History Collection

postwar years, U. S. prosperity, world economy devastated by war, Europeans adopt socialist, U.S. free enterprise system, U. S. and reconstruction, boom in consumer expenditures, government as customer of American industry, need for housing, GI Bill, Affluent Society. The

U.S. Economics, America in the 20th Century, American History, American Studies, Unfinished Nation, The

Bernstein, Ph.D., Michael (Performer), Dumenil, Ph.D., Lynn (Performer), Zeiler, Ph.D., Thomas (Performer), INTELECOM Intelligent Telecommunications (Firm)

00:02:52 (HH:MM:SS)

English

Name	INTELECOM Intelligent Telecommunications
Role	Distributor
Telephone	800-576-2988 x122
Address	150 E. Colorado Blvd. Ste. 300, Pasadena, CA 91105
Email	[email protected]

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