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What were some reasons why consumer spending skyrocketed in the postwar era

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Answer:

Low unemployment rates, increased incomes, and the GI Bill were all reasons why consumer spending rocketed during the post WWII era.

Step-by-step explanation:

After World War II, the US economy was still booming. Due to the need for military equipment during the war, the US economy was in full swing. Unemployment rates were extremely low. This helped in consumer spending, as more people had a disposable income.

The GI Bill also helped veterans after World War II. This bill gave financial assistance to veterans for educational purposes (like paying tuition) as well as low interest home loans. This helped to spark the development of American suburbs and drastically increased home construction within the US.

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