
Post-war economic growth
Post-war economic growth refers to the period after major wars, like World War II, when many countries experienced rapid economic expansion. This growth happened because industries boosted production, technology advanced, and governments invested heavily in infrastructure and social programs. Additionally, consumer demand increased as people sought new goods and services, leading to job creation and higher incomes. This boom helped raise living standards worldwide, enabling millions to buy more and improve their quality of life. Overall, post-war economic growth marked a time of rebuilding, innovation, and increased prosperity across many nations.