United States ended World War II as the undisputed leader of the capitalist world. Even before the war started, they had huge economic power and we the richest state in the world. However, World War Second helped to strengthen the power of the United States, that led to their dominance in the postwar world.(Cairncross 15)
During the war the United States has doubled the national income, industrial production have increased more as twice . The country has created a well debugged mechanism of production, based on the large internal and international markets. Supplies of raw materials, food and military equipment to the allies, that were funded by the United States government, stimulated the renewal of fixed capital. The amount of military contracts totaled in 175 billion dollars, and the net income of US monopolies was about 70 billion dollars. The concentration of production process has intensified: the number of large enterprises with more than 10 thousand of workers have increased in 7 times. The war accelerated the process of intensification of agriculture: mechanization and use of chemicals in production were stimulated by the huge demand for American food, which allowed farmers dramatically increase their incomes.(Van Auken 42)
Political situation in the United States of America was not as bright as economic. In the late 50's to early 70’s the country experienced unprecedented protests of afro-americans, student demonstrations, antiwar protests, the movement of civil disobedience, riots of prisoners; the notion of instability, and even of inferiority of American civilization became widely spread all over the world.
Works Cited
Cairncross, Frances, and Sir Alec Cairncross. The Legacy Of The Golden Age. Taylor & Francis, 1992. Print.
Van Auken, Kenneth G. Postwar Productivity Growth In The United States. [Washington]: U.S. Dept. of Labor, Bureau of Labor Statistics, Division of Productivity a[nd] Technological Developmen[ts], 1957. Print.
