WORLD WAR II 1941 1945
THE START OF THE SECOND WORLD WAR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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serious hardships due to rationing of essential goods.
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prosperity and a doubling of personal income.
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a continuing struggle to find employment.
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growing class conflict between the wealthy and the working class.
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Detailed explanation-1: -The war brought full employment and a fairer distribution of income. Blacks and women entered the workforce for the first time. Wages increased; so did savings. The war brought the consolidation of union strength and far-reaching changes in agricultural life.
Detailed explanation-2: -Gross national product (GNP), which measured all goods and services produced, skyrocketed to $300 billion by 1950, compared to just $200 billion in 1940. By 1960, it had topped $500 billion, firmly establishing the United States as the richest and most powerful nation in the world.
Detailed explanation-3: -The unemployment rate after WWII remained around 3 to 5 percent. With more jobs and money, it became easier for people to start families once the war was over, and subsequently, 1946 was the start of the Baby Boom in the United States.
Detailed explanation-4: -The private economy boomed as the government sector stopped buying munitions and hiring soldiers. Factories that had once made bombs now made toasters, and toaster sales were rising. On paper, measured GDP did drop after the war: It was 13 percent lower in 1947 than in 1944.