Final answer:
The 'golden age' of the 1950s in the US brought prosperity but also overshadowed some underlying issues such as poverty. The American dollar was becoming devalued, and more than 30 million Americans continued to live in poverty.
Step-by-step explanation:
The subject of this question is Social Studies and it pertains to the prosperity of the 'golden age' of the 1950s. During the 1950s, the US experienced a period of economic growth and stability, known as the 'golden age'. However, this prosperity often overshadowed some of the underlying issues and challenges in American society.
One of the issues that many Americans were blind to was the fact that more than 30 million Americans continued to live in poverty. Despite the overall economic growth, there was still a significant portion of the population living in poverty.
Another issue was the devaluation of the American dollar, although the question states that many Americans were blind to this fact. Inflation also grew, although not at a rate of 40 percent per year as mentioned in the options. Additionally, unemployment did not hover between 15 and 20 percent during the 1950s; rather, it was relatively low.
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