1950-1960

By spapke

  • Korean War

    In 1950, the beggining of the Korean War, the
    first phase was a period of adjustment from an economy in wartime mobilization to peacetime normality.
  • Period: to

    Inflation rates

    Inflation rates were very low in the early 1960s, but in 1965 inflationbegan to accelerate.
  • Period: to

    Buisness expansion.

    In the 1960's there was the biggest business expansion in history.
  • Period: to

    worldwide boom.

    Between 1966 and 1979 the economy was characterized
    by a severe upward spiraling of inflation, with wide fluctuations
    in economic activity. In part these resulted from a series of demand,
    supply, and policy shocks and a worldwide boom.