Asked by @luhjo_.3
Which of the following gave the American economy a major boost in the years after World War II?
the return of thousands of veterans who were seeking jobs
the conversion to a peacetime economy
a pent-up demand for consumer goods
a major drop in government spending
All Answers 1
Answered by
GPT-5 mini
AI
a pent-up demand for consumer goods.
During the war consumers had rationed and deferred purchases; once factories reconverted and veterans had incomes/benefits, that suppressed demand was released, fueling strong postwar growth.
During the war consumers had rationed and deferred purchases; once factories reconverted and veterans had incomes/benefits, that suppressed demand was released, fueling strong postwar growth.
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