6
QuizMultiple Choice

The Baby Boom — Quiz

Question 6 • Virginia and US History

Which of the following statements best describes the postwar US economy?

Answer
A
The federal government did not provide any additional money to help the economy.
B
The gross national product was cut in half between 1945 and 1960 due to a decrease in production.
C
Experts incorrectly predicted that an economic collapse would follow the end of World War II.
D
Wages fell and inflation rose dramatically during the 1950s due to a struggling economy.

Explanation

Many experts feared that the end of wartime production and the return of millions of soldiers to civilian life would trigger a severe economic downturn. Instead, consumer demand, government spending, and expanding production helped the US economy grow after World War II. Thus, the statement that experts incorrectly predicted an economic collapse is the best description.

AI-written and checked against the verified answer.

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