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Between 1940 and 1955, the average income for a U.S. family tripled. This was likely the result of

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Answer: ... < Between 1940 and 1965, average income grew from about $2,200 per family and per year to just under $8,000; when adjusted for inflation, that means average family incomes almost tripled. These years also saw a significant decrease in (although not a disappearance of) poverty in America. >

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