The post-1945 economic expansion refers to the period of rapid economic growth and prosperity that occurred in the United States after World War II. This was marked by increased industrial production, rising wages, and a growing middle class.
Related terms
Consumer Culture: Consumer culture refers to a society where buying goods and services becomes an important part of people's identity, status, and lifestyle.
Suburbanization: Suburbanization is the process of population movement from cities to residential areas outside urban centers.
Middle Class: The middle class refers to a social group consisting of individuals who have achieved a certain level of wealth or income between the working class and upper class.