Asked by Marina Sesay on Jun 27, 2024
Verified
Which of the following is considered a major contributor to the postwar economic boom?
A) The success of labor unions in gaining more control over corporate affairs
B) Government spending
C) The growth of service industries
D) Television production
Postwar Economic Boom
A period of rapid economic expansion and high growth in GDP and employment, typically occurring after the end of a major war, notably observed after World War II.
Government Spending
The total expenses incurred by the government, including expenditures on public services, infrastructure, defense, and welfare programs.
Labor Unions
Organizations that represent workers in negotiations with employers over wages, work conditions, and rights.
- Identify major contributors to the postwar economic boom and their effects on society.
Verified Answer
Learning Objectives
- Identify major contributors to the postwar economic boom and their effects on society.
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