Macroeconomics
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"The U.S. embarked on one of the greatest periods of economic expansion in its history."
America did indeed embark on one of the greatest periods of expansion in the postwar years. People had money, consumers were spending that money, and corporations were profiting from that. New types of companies got started and were succeeding, and older businesses folded because of this new competition. New industries were developed which created many possibilities for the near future. Current workers were getting promoted into white-collar jobs in numerous industries, and new jobs were produced because of new technology. The postwar era was the beginning of the technology boom, which would transform the world within 50 years. The move away from the cities still continued, and the baby boom was still occurring...