November 15, 2007

World War II: How America Got So Rich


(continuation)

After World War II was won by the Allied forces, The United States became a lone global superpower along with the Soviet Union trailing behind. This lack of competition allowed the United States to become the leading producer/exporter of...just about everything.

While that gap has narrowed significantly over the last 50 years, this has to be given credit for our current state of wealth. But, even before this event, we were a comparatively wealthy nation. So, there's one more big idea that we'll consider tomorrow to round up our week in thought.

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