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The Role Of The American Economy In The 1950s

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In the 1950s America underwent many significant changes. The economy was changing. People in America had the opportunity to succeed more than ever before. There was however a negative side to the era. The 50s was a time of conflict in many ways. Korea was experiencing war like difficulties. America on behalf of the United Nations wanted to stop invasions. These were being performed by North Korea at the time (History 1950). The American economy was negatively affected by inflation. Prices continued to go up rapidly and the idea of a recession was undergoing speculation. Fortunately this didn’t last long and was resolved towards the middle of the 1950s (Economy). The American people economy-wise had a lot going for it’s growth and prosperity.

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