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One result that was not directly associated with the baby boom following World War II was a significant increase in urbanization. While the baby boom led to a surge in population and demand for housing, many families moved to suburban areas rather than cities. Additionally, the economic prosperity of the era fostered consumerism and the growth of the middle class, but it did not inherently lead to urban migration trends.
People had free time on the weekends ~APEX
The flying shuttle was invented in 1733 by John Kay, an English inventor. This innovation significantly sped up the weaving process in the textile industry, allowing a single weaver to operate a wider loom and produce fabric more efficiently. The flying shuttle played a crucial role in the Industrial Revolution, contributing to the growth of mechanized textile production.
Reasons for growth were improvements in agriculture and the revival of trade.
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the increased availability of credit.
US productivity in manufacturing U.S. industrial power the growth of domestic consumerism
Decreased Birthrate
If immigration and emigration numbers remain equal, the most important contributing factor to a slowed growth rate would likely be a decrease in the birth rate of the population. With births being the primary driver of population growth in this scenario, a decline in the birth rate would result in a slower overall growth rate.
Consumerism serves several utilities, primarily driving economic growth by stimulating demand for goods and services, which in turn fosters innovation and job creation. It also allows individuals to express their identities and values through their purchasing choices, contributing to personal satisfaction and social status. However, excessive consumerism can lead to environmental degradation and unsustainable practices, highlighting the need for a balance between consumption and responsible stewardship of resources.
the growth of domestic consumerism
Industries doing very well and growth of domestic consumerism led to U.S. economic growth in the 1950s.
Industries doing very well and growth of domestic consumerism led to U.S. economic growth in the 1950s.
Industries doing very well and growth of domestic consumerism led to U.S. economic growth in the 1950s.
Domestic Buying Increased -APEX
Industries doing very well and growth of domestic consumerism led to U.S. economic growth in the 1950s.