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3. Why did economist John Kenneth Galbraith believe that America's postwar economy was a new phenomenon?
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3. Why did economist John Kenneth Galbraith believe that America's postwar economy was a new phenomenon?

User Olly Cruickshank
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He claimed that it was a new phenomenon because while all countries experienced an economy of scarcity due to the war, the US had an economy of abundance because it's GDP and production were surreal.
User Gpothier
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