|Post War Economy
After years of living with a strict budget because of the Great Depression and the war, during the post-war period, Americans wanted to get their hands on anything they could get, especially automobiles and television sets, which advertised for other products during commercials. They also purchased more refrigerators, washing machines, vacuum cleaners, and cameras than ever before. Electric can openers, electric garage door openers, and electric pencil sharpeners appeared on the market and quickly became part of the new way of life. This increase in goods and services that characterized the postwar period, gave Americans the highest standard of living the world had ever known. The United States, home to just 6 percent of the world's population, produced and consumed nearly half the world's goods.
In 1944, the GI Bill of Rights was passed by Congress. Which resulted in the greatest wave of college building in the nation's history an...