Why was the postwar period a time of prosperity for most americans

The post–World War II economic expansion, also known as the postwar economic boom, the long boom, and the Golden Age of Capitalism, was a period of economic prosperity in the mid-20th century which occurred, following the end of World War II in 1945, and lasted until the early 1970s. It ended with the collapse of the Bretton Woods monetary system in 1971, the 1973 oil crisis, and the 1973–1974 stock market crash, which led to the 1970s recession. Narrowly defined, the period spanned from 1945 to 1952, with overall growth lasting well until 1971, though there are some debates on dating the period. Booms in individual countries differed, some starting as early as 1945, and overlapping the rise of the East Asian economies into the 1980s or 1990s.

1. international: struggle for hegemony and empire outstrips the fiscal resources of the state

2. political conflict: conflict between the monarchy and the nobility over the “reform” of the tax system led to paralysis and bankruptcy.

3. the enlightenment: impulse for reform intensifies political conflicts; reinforces traditional aristocratic constitutionalism, one variant of which was laid out in montequieu’s spirit of the laws; introduces new notions of good government, the most radical being popular sovereignty, as in rousseau’s social contract [1762]; the attack on the regime and privileged class by the literary underground of “grub street; ” the broadening influence of public opinion.

4. social antagonisms between two rising groups: the aristocracy and the bourgeoisie

5. ineffective ruler: louis xvi

6. economic hardship, especially the agrarian crisis of 1788-89 generates popular discontent and disorders caused by food shortages.

explanation:

these are the geographical features of the gupta empire.

1)it inherited the land owned by the mauryan empire.

2)one obvious difference between the two empires is that the gupta empire was smaller that the mauryan.

3)the gupta empire is located in the northern region of the subcontinent underneath the himalayan and hindu kush mountains.

the gupta empire, marked by extensive inventions and discoveries that contributed to hindu culture, in subjects such as science, technology, engineering, art, dialectic, literature, logic, mathematics, astronomy, religion, and philosophy.

this period was also known as the golden age of india