Introduction
Emerging victorious from the Second World War five years earlier, in the U.S. in 1950 was reaping the benefits of a growing economy - the benefits are actually derived from a country participating in ratu.Uništenja and mayhem brings a global conflict brought about several positive contribution to the economy. Some even claim that the country's participation in World War II actually saved him from the Great Depression.
To understand the economic boom in the 1950s it is necessary to appreciate the positive influence of the birth of the Second World rata.Temelj for economic growth and the growth experienced in 1950 and years thereafter are set during the Second World War.
to fund and support efforts of countries of war times, had to hire a million U.S. troops to be sent to the war front, as well as being stationed at home. Factories were built for the production of war material - weapons and ammunition, military transport, tanks, combat aircraft and bombers, etc. For a man factory women and older people should be acknowledged as the most able-bodied men were at war. World War II created jobs and gave life to many industries and the energy of the nation. Among the industries that prospered during and immediately after the war, the newspaper industry, agriculture, industry and even Hollywood. Industries that produce transportation and plant machinery and happy. During the war, women for the first time, had the opportunity to work outside their homes and participate in building nacije.Sudjelovanje women in the labor force began to increase during this time.
The war also provided features that will be seen later in 1950. Take the example of many American products went overseas -. The very introduction of new markets
Many people actually feared that the end of the war would lead the country back into depression. With the production of military supplies coming to an end, that fear is their base - the overall economy is supported by all that had to do with global conflict.
Fortunately, it was not slučaj.Pobjeda enjoyed the people brought about trust in government and consumer gospodarstvu.Zajedničke most exposed to the trust as well as strong demand spurred economic growth, after the war.
leading to 1950, industries that experienced a wave of growth in the automotive industry and housing industries and new industries experienced a fantastic births -. Industries such as aerospace and electronics
There is another outcome of the Second World War who contributed to the postwar growth - the Cold War between the U.S. and the USSR
Many of the military industries that sprouted during the war continued to do a great job after. As the communist bloc was created as a military power in Europe, America, I had to hand on what it considers a threat. Huge investments are in defense of the country. These investments mean jobs, factories, large consumption -. All contributed to the boom in the 1950s
economic success of countries likely to influence the leaders advocate the replication of the open economy at the international level. This is best evidenced by the establishment of the country led by the International Monetary Fund and World Bank.
of the gross domestic product and per capita GDP
In 1950, the country's GDP was at $ 293.8 billion (in current dollars). At that time, GDP per capita is $ 9,573.00 - the United States a number of countries around the world in this aspect. By 1996, GDP was $ 13.194 trillion. GDP per capita was at $ 43,800.00 - However, the country ranked only 10th place worldwide in this regard
.after the Second World War scenario has shown that too few farms to survive the war, a large majority, especially in Europe, has been greatly affected. Many of the events starting in the late 1970s to the early 2000s allowed other countries to overtake the U.S. in terms of GDP per capita.
As GDP per capita is affected population, countries that have a significant economic growth, combined with a low birth rate could surpass the U.S. in this indicator. But the U.S. remains the most powerful economy in 2007, taking into account other indicators.
Employment and unemployment
In 1950, the civilian labor force was about 58 million strong. Only 5.3 percent of the workforce was unemployed. 41.6 million in the workforce at that time were men, while only 17.34 million are women. By 1996, the workforce grew to about 142 million and the unemployment rate to 5 percent. 76 million are men and 66 million women in the workforce. In 1950, the number of workers in the services sector has caught up with workers in the goods producing industries. At the same time also an increase in white-collar jobs and strengthening the union. Awareness of workers' rights at ustati.Najveći impact experienced workforce is to increase women's participation in employment activities. Consequently, women were literally poured into the workforce, starting 1950th By 1990, women's participation in the workforce almost doubled. On the other hand, male participation would decline over time.
per capita income
In 1950 per capita income was tied to $ 1,501.00. By 2006 this rose to around $ 36,600.00. Although it marked a huge difference in the amount, it may be noted that $ 1,501.00 in 1950 could have more goods and services of $ 36,600 in 2006, as shown by the CPI rate for both years.
Consumer Price Index and Inflation
With 1967 as base year, the CPI in 1950 was registered at 72.1 - which means that the basket of goods and services in 1950 bought 72.1 percent of the cost of the same goods and services purchased in 1967. By 2006, the CPI was 603.5. This meant that the same basket of goods and services purchased in 1967 will cost 603.5 percent more in 2006. The inflation rate in 1950 was in a constant 1.09 percent. In 2006, the rate to 3.24 percent.
Emerging Industries
1950 saw the emergence of new industries that are anchored to the new technologies. Among them is a space industrija.Veliki successful heavy bombers during the war, emphasized the importance of innovation. Improvements in engine, metallurgy, technology and hands helped advance the industry, as well as improving manufacturing processes.
the beginning of the Cold War to ensure that the industry is there to stay. At its peak, the industry hired hundreds of thousands of workers in four major tvornice.Industrija also prompted $ 3 billion in government spending.
Other industries that grew in that time were driven by other industries. Take for example the housing boom experienced after the war. New house means extra furniture and appliances, as well as new automobila.Potrošača growth also spread to other areas. The introduction of television mass stimulated growth in electronics.
It was the after effects of industry growth. As the demand for houses and cars increased, many Americans were lured from central cities to suburbs. The construction of better highways has contributed to these developments.
Farmers, even though the tough times. As people left the farm country, fewer people are left behind to do farm work. This led to a drop in productivity of the agricultural sector.
Innovation and Business Transformation
On a personal level, 1950 saw the introduction of the first hand held TV remote control - a device that could be viewed as a necessity in many households in the years to come. Color TV is also raised through the issuance of permits for the CBS Network. Another innovation is the introduction of the first credit card - Diners -. Also a subject that will come as a necessity in the modern era
is the first pagers were developed in 1950.
in the business front, 1950 would usher in the era marked by the consolidation of large companies. Companies should be combined to create larger, larger companies. For example, international telephone and telegraph bought Sheraton Hotels, Continental Banking, Hartford Fire Insurance, Avis Rent-a-car, and other companies.
famous events and personalities
known events of 1950 include the following:
Start the Korean War - largely influenced by the United States and the Soviet Union on opposite sides, North and South Korea to tangle in the three years of war, who pointed out the tension during the Cold War regime
.Making of the Hydrogen bomb -. Raged the Soviet atomic bomb test, the government going to develop the hydrogen bomb
Senator Joseph McCarthy - Red scare began in the halls of the U.S. Senate - a charge that the State Department was filled with Communists or their simpatizerima.Senator actions led to the adoption of the concept Mccarthyism - describes the intense anti-Communist sentiments
.This period coincided with the start and fuel the Cold War between the U.S. and the USSR. Thousands of Americans were accused of being communists or sympathizers at the time - Americans in different sectors of society. History will eventually judge these allegations as baseless and reckless. While Senator McCarthy got a lot of media mileage at the beginning of his "campaign", he later revealed as a grandstanding Antic, who has little or no evidence to back their accusations. Many people accused Senator McCarthy suffered. Many people losing their jobs, had their careers ruined, and some were even imprisoned unjustly.
Conclusion
end of the Second World War led to the end of the Great Depression and the start of a long period of economic expansion through the 1950th It is quite ironic that the most destructive war in history contribute to the emergence of the strongest and largest economy in svijetu.Povjerenje the economy is obviously brought about by the country's victory in the war. Tempered strong cooperation between government, businesses and consumers, the U.S. emerged from the war are much stronger and economically stronger. Industrial expansion during the war brought an economic incentive to spend on even after World rata.Činjenica that most major economies have been slow to recover from the consequences of the conflict put U.S. in absolute and relative advantages and its allies and its enemies.