The ability to purchase goods and services is called
a. consumerism.
b. wealth distribution.
c. price index.
d. purchase power.

A. consumerism.

The United States after  World War II, experienced its prosperity on the 1950s surpassing the previous generations. Politically, America owned the world’s strongest military power. Its economy increased up to 37% and the taxes lowered and budgets were balanced and allocated rightfully. The economy was steady that consumerism went high as reflected on its citizens as they started using credit cards. It was also at this time that there were 60 million cars in the United States on the mid-50s.