The Post-War Boom

According to diverse sources, there are several aspects of post-war boom. According to different sources, the economic aspects deteriorated completely after World War II. The economic downfall was not only observed in the countries that encountered defeat; but, the countries that were victorious. Hence, the legislative authorities upheld the existing contracts prior to the expiration of their terms, loosened state control over prices and wages. These decisions influenced the economic conditions and a post-war boom was observed. There are several aspects of the post-war boom; however, the most significant aspects are economic, societal and political (Roof, Carroll, Roozen, 114). ...