Prosperity Of The 1950's Essay

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Prosperity of the 1950 's The 1950 's was a very flourishing decade and the economy was prospering because Americans were spending more on items that were once scarce during the war. The growing rate of the nations supplies and services actually doubled and rose from approximately $300 billion in 1950 to $500 billion in 1960.The increase in spending, fueled by the cold war and military spending during the Korean conflict, was an very important boost to the economy. The fundamentals of the prosperous 1950 's were new cars, suburban lifestyle, advances in technology and medicine, and pop culture. Since Americans were receiving a larger income it lead to more spending on extra items. Americans were buying cars because they were converting to …show more content…
(“Culture in the 1950’s”)The establishment of the new car reflected the prosperity of the 1950 's because more people wanted to live in a suburban setting so living farther away from town made cars …show more content…
So it created more jobs for people looking for a job or for making some side cash. In the 1950 's the decade was a very prosperous time in history. It created different ways of thinking and better appliances to make everyday life easier. The economy had so many things contributing in a positive way. The 1950’s were one of the most prosperous decades with its new technology, new medicine advances, new cars, and moving to the suburbs were all contributing factors to why the 1950’s was such a prosperous time. The fundamentals of the prosperous 1950 's were new cars, suburban lifestyle, advances in technology and medicine, and pop culture. Since Americans were receiving a larger income it lead to more spending on extra items American popular culture made the 1950s one of the most prospering decades; However, celebrities of the 1950 's were threatening American moral values in a negative way along with the new society developing. The 1950’s was a prospering time in the economy but American moral values were changing with new trends and daring ideas with celebrities and is why teenagers and parents had such a difficult time agreeing on the same values. Teenagers view on fashion and values was changing because of television and

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