Asked by Reyna Castro on Jul 08, 2024
Verified
During the 1950s, which of the following functioned as economic engines of the U.S. economy?
A) technology and entertainment
B) services and education
C) agricultural production
D) exports and imports
E) construction and spending on consumer goods
Economic Engines
Key industries or sectors within an economy that drive economic growth, employment, and wealth generation.
Consumer Goods
Products and commodities that are bought and used by individuals and households for personal use.
Agricultural Production
The process of cultivating plants and raising livestock for food, fiber, and other products.
- Evaluate the surge in economic prosperity in the 1950s and its consequences for American communities.
Verified Answer
ZK
Zybrea KnightJul 11, 2024
Final Answer :
E
Explanation :
During the 1950s, the U.S. economy experienced significant growth, largely driven by construction and spending on consumer goods. This period, following World War II, saw a boom in housing construction, partly due to the GI Bill, and a surge in consumer spending on automobiles, appliances, and other goods, as Americans enjoyed rising incomes and the expansion of the middle class.
Learning Objectives
- Evaluate the surge in economic prosperity in the 1950s and its consequences for American communities.
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