answersLogoWhite

0

What was the economy like in 1950s?

Updated: 11/29/2022
User Avatar

Wiki User

10y ago

Best Answer

The economy was good in the 1950's. After World War II the economy in America experienced a boom and grew by over 39 percent.

User Avatar

Leilani Cremin

Lvl 13
1y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

15y ago

The economy was strong, GNP went from $284.6 billion to $482.7 billion by the end of the 1950's according to www.enotes.com. In 1954, there were reported to be 154 millionaires in the U.S.

This answer is:
User Avatar

User Avatar

Wiki User

9y ago

The economy was good in the 1950's. After World War II the economy in America experienced a boom and grew by over 39 percent.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What was the economy like in 1950s?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What happened to the economy of the United states during the decades of the 1950s?

The economy in the United States experienced market growth in the 1950s with an increase in home construction and manufacturing.


Which group benefited most from the economy and culture of the 1950s?

White men


Us economy during the 1950s?

Broken and nasty unice People like the genral Frank Palmo! how is he broken and nasty and that is mean dont cah think


How did a booming economy affect life in the united state in the 1950s?

The booming economy affected life in the U.S in the 1950s because more than ever before people earned money and were able to buy cars, automobiles, go on vacations...etc.


What was life like in Liverpool in the 1950s?

Life in Liverpool in the 1950s was grim


What main agricultural product dominated the Puerto Rican economy until the 1950s?

Plantation Sugar.


Describe the changes in the American consumer economy in the 1950s and their relationship to the rise of popular mass culture?

Changes in the American consumer economy in the 1950s was largely due to advertising and the rise of advertisement. Businesses changed due to advertising and contributed to the rise of popular mass culture.


What happened to the economy of the United states during the decades of the 1950s and 1960s?

it experienced sustained economic growth


What is something that was better in the 1950s than today?

cars, tv, economy, food, gas prices, music, fashion


Why was the 1950s called a time of the affluent society?

In America, the economy was thriving, and people an increased amount of leisure time.


What influenced people during the 1950s and the 1960s?

The end of world war 2, computers, television automobiles, economy, and technology


Which was a cause of the US' economic prosperity throughout all of the 1950s?

U.S. government leaders spent money to stimulate the economy.