As World War II came to an end during the hot season of 1945, the United States' economy became hanged on the extremity of an unknown future. The emergence of consumerism, budgeting during World War II, industry mobilization, and purchase of homes are the most significant reasons for Americans' economic boom between 1945 and 1958.
First, the emergence of consumerism contributed much to America's economic prosperity after World War II. This increase in spending among the Americans became stimulated by advertising, fabricated to make individuals desire more items, better items, and the latest items ( Patterson, 1997) . Americans attained a high cost of living, whereas the economy depended on consumers to steer its growth. Second, due to rationing policies in America during the war, the Office of Price Administration (OPA) encouraged American citizens to save more through purchasing war bonds. After the war, American citizens were more willing to spend, thus leading to high purchasing power hence boosting the economy.
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Furthermore, industry mobilization led to the growth of the United States economy after the war. Due to the increase in consumer spending after the war, the United States factories reacted to the urge. The automobile industry started to manufacture cars to bridge the automobile industry gap. According to Patterson (1997), the industry later reached its apex by making millions of cars and creating jobs in the process. Lastly, the purchase of homes among American veterans after the war contributed to the economy's growth. As the GI Bill gave numerous returning maestros a chance to purchase homes, most companies took this opportunity and built many houses bought by the veterans. The project injected a substantial amount of money into the United States economy, hence its growth after the war.
After the World War in 1945, America experienced exceptional economic growth, running into a great boom that escalated to unbelievable ridges during the 1960s. This situation pushed Patterson to compose an extremely readable and poised work that unfolded the most remarkable political, economic, and cultural happenings of the period into an excellent snap of America from 1945 past Watergate ( Guelzo, 2018) . This situation led to him labeling his book Grand Expectations due to the happenings that took place after the war to the Americans' amazement.
References
Guelzo, A. C. (2018). In a Gilded Cage. https://cupola.gettysburg.edu/cwfac/107/
Patterson, J. T. (1997). Chapters 2, 3, 9-12. In Eisenhower Era and the Emergence of America’s Consumer Culture . Oxford University Press.
