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The post–World War II economic expansion, also known as the postwar economic boom or the Golden Age of Capitalism, [1] [2] was a broad period of worldwide economic expansion beginning with the aftermath of World War II and ending with the 1973–1975 recession. [1]
Jun 12, 2019 · The post-war period, often referred to as “The Golden Age of Capitalism,” saw a growing middle class, increased spending on infrastructure, pent-up demand for such items as automobiles and household appliances, and a housing and construction boom.
- Patricia O'connell
The new institutions marking the golden age of capitalism—increased trade union strength and government spending on social insurance—addressed the aggregate demand problems highlighted by the Great Depression and were associated with rapid productivity growth, investment, and falling inequality.
Jul 3, 2024 · These years are also referred to as the "Golden Age of Capitalism" in the West, although Eastern Europe and parts of Asia also saw significant growth in these years.
identified as the “Golden Age of Capitalism”, a period of economic prosperity extending from the end of the Second World War in 1945 to the early 1970s, when the Bretton Woods monetary system...
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The Golden Age of Capitalism spanned from the end of the Second World War in 1945 to the early 1970s, when the Bretton Woods monetary system collapsed. It was a period of economic prosperity with...
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Abstract. This chapter focuses on the six major OECD countries — France, Germany, Italy, Japan, United Kingdom, and United States — during the ‘golden age’ and its aftermath. It follows the ‘regulation’ approach invented by French economists such as Michel Aglietta, Robert Boyer, and Alain Lipietz, and developed as well by Americans ...