The post-war boom refers to the period of economic prosperity experienced in the United States and other western countries after World War II, from the mid-1940s to the early 1970s. This era was marked by significant growth in GDP, population, and standard of living.
Think of the post-war boom like a giant party that everyone's invited to after a long and difficult exam week. There's a sense of relief, excitement, and abundance as people celebrate their freedom and look forward to new opportunities.
Baby Boom: This term refers to the dramatic increase in birth rates in America between 1946 and 1964. It was largely due to returning soldiers starting families after World War II.
Suburbanization: This is the process by which cities expand outwardly into surrounding areas, leading to increased development of suburbs. During the post-war boom, many Americans moved from urban centers to suburban neighborhoods.
Consumerism: This is a social and economic order that encourages buying goods and services in ever-greater amounts. The post-war boom saw an explosion of consumerism as people had more disposable income.
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