Question

What effect did increased consumer spending after World War II have on the U.S. economy?(Points : 3) Prices dropped. The economy suffered. Credit was hard to get. The economy grew quickly.

Answer 1

After World War II, the United States helped in the reconstruction of the European cities and countries affected by the war. This activity let the economy grew quickly, because most of European countries was highly devastated by the consequences of war and did not count with the resources to rebuild their cities by themselves. Thus, the postwar economic effect was positive for the U.S. economy, especially for the automobile industry and the housing industry.

Answer 2

Although there were several major effects of increased consumer spending on the US economy after World War II, the best option would be "The economy grew quickly" since GDP rose.