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Explain the main changes the us experienced going from wartime to the temporary economic recession in the 1929s?.

Respuesta :

The number of personal bankruptcies increased, personal saving rates declined, the trade imbalance considerably increased, and the stock market may have been significantly overpriced. However, the overall performance of the American economy in the 1990s was excellent.

The war effort significantly altered American culture. Unemployment essentially vanished as productivity soared and millions of men and women joined the workforce. For women, African Americans, and other minorities, the necessity for work created new opportunities.

Following World War II, the US had an unprecedented economic boom that increased affluence for the majority of its people and heightened hopes, giving rise to the idea that most social and economic issues could be resolved.

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