Definition of the 1950s Decade

Definition of the 1950s decade
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The 1950s was a significant decade defined as a time of prosperity for the following reasons. The substantial growth in the American economy during this decade is one reason it was termed a time of prosperity. The presidency of Dwight Eisenhower, a moderate Republican, emphasized the balancing of the federal budget and an increase in government spending. As a result, construction of homes and highways began, veterans received their benefits, and government-financed research also began, whose results significantly fueled the economy’s growth by staggering margins of 150%.
The growth of suburbs during the decade was another reason it was considered a time of prosperity. With the thriving econom...