-
In 1942 a new deal was put in that created many different jobs for the people.
-
The depression was ending and times were better
-
In 1942 the U.S was apart of World War II which affected government spending.
-
The GDP was 1.772 trillion. The GDP per capita was 9179, and the interest rates were 2.3.
-
The cycle was peaking in 1942 and the monetary cycle was expanding. The tax collecting was rising.
-
The discount rate in 1942-1947 was between 1.8 and 2.3 percent. The government spending was between 8 and 45 percent
-
Events in this time was, WWII, The cold war, end of the depression, the pentagon was completed. United nations was created. The draft age was lowered and the computer is started to be made
-
The inflation at this time was 19.3. The CCI was 1618.2. The CPI was 16.4. And the unemployment rate was 4.2%
-
-
The US was making more products to help the economy.
-
The CCI in 1943 was 1883.1 and the CPI was 17.5. The inflation was 17.3.
-
The GDP was 2.074 trillion and the GDP per capita was 11518. The interest rates were 2.1 and the unemployment rate was 1.9%.
-
The business was contracting and taxes were higher
-
WWII was still going on and major battles were happing and lots of men were leaving the U.S
-
The CCI at the time was 2035.2 and the CPI was 17.6. The inflation was 17.6
-
The GDP was 2.239 trillion and the GDP per capita was 12333 and unemployment rate was 1.2%. The interest rates were 2.0%.
-
The taxes were higher and the business cycle was peaking
-
The US just started in the cold war.
-
The CCI in 1945 was 2012.4 and the CPI was 18.1. The inflation was 18.
-
The GDP at the time was 2.218 trillion and the GDP per capita was 11709. The unemployment rates 1.9%. The interest rate was 2.0%.
-
The US economy was growing and the taxes were lowering
-
President Truman decided to end hostiles
-
The CCI at this time was 1792.2, and the CPI was 18.7 and the inflation was 19.5
-
The GDP was 1.939 trillion and the per capita was 9197. The unemployment rate was 3.9% and the interest rate was 2.0.
-
The business was expanding and taxes were rising.
-
The US was still in the Cold war in 1947
-
The CCI in 1947 was 1776.2, the CPI was 22. The inflation was 22.3.
-
The GDP was 1.939 trillion. And the GDP per capita was 8886. The unemployment rate was 3.9%. The interest rate was 1.9.
-
The business cycle was expanding and the taxes were lowering.
-
The period from 1942-1947 was a very good time for the U.S. economy. The unemployment rate was low at .50 over the timespan. It was overall a good time for the U.S.