World War 2 Effects On The Economy

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First of all ,World War II a major impact on the U.S economy is that it increases the total demand and production ,particularly of weapons, a munitions and food. After war, U.S economy has a range of new features. First, from 50s to 60s, economic growth in the United States, a economists call that phenomenon as “golden age”. According to result, America’s GNP developed from $5,233 billion in 1961, to $10,634 billion in 1971. In 1970, the United States has 1.11 billion cars, it effect that 83% households have at least a car. Second, World War II also conduce the great development of sciences and technology. The United States put a lot of maematical, material and financial resources to develop corresponding science and technology, so it makes

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