How did the Cold War establish the parameters for economic,
social, and political life in the...
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Economics
How did the Cold War establish the parameters for economic,social, and political life in the United States in the immediatepostwar years from 1945 to 1960? (300 words)
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As World War II was coming to a close many Americans were concerned about domestic economy While the war had spurred employment and development and pulled the nation out of the Great Depression the war economy could not last forever In fact millions of veterans will soon return home searching for work that could no longer be available As inflation soared many feared that the 1946 and 1947 rapid postwar recession heralded the Great Depressions return Truman and Congress have taken measures to counter
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