What best describes the American economy at the end of world war 2

World War II had a major impact on the United states economy. Before the war, the world had suffered from a devastating economic depression. Many feared that the United states economy would suffer again once the war came to an end in 1945. Instead the United states emerged as the richest, most powerful nation on the globe. It's citizens were prospering due to an expanding economy stimulated by wartime production. There were many reasons for the rapid growth of the American economy following World war II. Another reason for the rapid economic growth after World war II was the increase in American purchasing goods on credit. New products, many developed from wartime inventions, filled the marketplaces and tempted the American consumer. Private debt grew as more and more Americans bought goods on credit or installment plans.

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