The Great Boom, 1950-2000: How a Generation of Americans Created the World's Most Prosperous Society
About this book
The first major book by a distinguished academic on America's unmatched growth and unparalleled prosperity from the end of World War II to the presentDuring WWII, Americans learned to do without, but the returning GIs soon initiated a dramatic expansion in our economy. The 1950s saw unmatched demands for housing, automobiles, and consumer goods as well as the start of the "baby boom." During this time, Americans created Levittowns, television, interstates, and Howard Johnsons. Housewives prepared frozen foods or took the family to new fast-food chains. Highways were vastly expanded and air travel took off with the coming of cross-continental jets. American mutual funds sent the stock markets into the stratosphere, and Silicon Valley, alone, has created more wealth in the last 20 years than any other industry on Earth.The Great Boom is the first major book on how America's WWII veterans literally rebuilt and totally revitalized America into the Enterprise Society as it exists today. Numerous success stories are woven throughout this engrossing narrative.