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Golden age of capitalism

Long period of worldwide economic growth following World War IIIn the United States and several other nations, the post–World War II boom led to major suburban development and urban sprawl, aided by increasing automobile ownership and cheap oil, as shown in this suburban development in Colorado Springs, Colorado in March 2008.Per capita GDP of various industrialized countries between 1920 and 1976The post–World War II economic expansion, also known as the postwar economic boom or the Golden Age of Capitalism was a broad period of worldwide economic expansion beginning with the aftermath of World War II and ending with the 1973–1975 recession.

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