Economic period proposal My proposal will be on the frame period between 1950 and 1960.The United States of America has faced a lot of challenges in building it economy. This is the time when Second World War had ended and many countries all over the world experienced a recession apart from USA, which had an economic boom. The economic boom was commonly known as postwar boom or golden age and it really supported growth of capitalism. The country experienced the boom up to 1970s when Bretton Woods’s monetary system collapsed meaning between 1950 and 1960 the country was thriving in the best economy ever. This system had transformed the State’s economy in the shortest time possible after the Second World War than in the other countries. The boom was supported by oil, trade and stock market stability. International trade at this period was a great source of revenue for the county, for example export of automobiles. The gross domestic product of United States of America rated around 4% since they economy was well run in a capitalistic way. These increment rates were really appreciable since many governments in other countries were struggling to cater for the citizens and were not aware of the ways of improving the economies. Productivity of citizens, exports and imports were well balanced and they kept the GDP stable. As per the previous statistical data, the GDP of United States of America is growing at a rate of 0.8%, which portrays a serious decline for the first 10years since 1950(Zhong, 2010).  Unemployment rate in 1950s was 2.50%, which cannot be considered worse as compared to today’s rate, which is 4.9 percent. Those rates portray how things are changing as time goes by even though they’re other factors such as population growth that cannot be held constant. The government has been facing a lot of challenges in catering for the youths in the country since it had to introduce some programs that were meant to provide funds to the unemployed for them to sustain their lives and those of their relatives. The inflation rate in United States of America is unpredictable since it changes annually even though it has really an high rate between 1950-1960 with an average of 7 percent. The high inflation rate was brought about by the simultaneous increase of the value of the Dollar. The government tried to curb the situation by balancing the stock market and fully implementing capitalism in the country’s market (Gillon & Matson, 2013). Capitalism was one of the strongest strategies that could aid the federal government to deal with the inflation situation, which attracted many research studies hence promoting criticism (Kozmetsky & Yue, 2005). Interest rate fluctuation is a phenomenon that is affecting the world since the value of Dollar has increases unpredictably. Since 1950 the Dollar has been unpredictable because its value has been rising and falling after some time (Musacchio & Lazzarini, 2014). For some years the Dollar was ranging at a value ...

1. Economic period proposal
My proposal will be on the frame period between 1950 and
1960.The United States of America has faced a lot of challenges
in building it economy. This is the time when Second World
War had ended and many countries all over the world
experienced a recession apart from USA, which had an
economic boom. The economic boom was commonly known as
postwar boom or golden age and it really supported growth of
capitalism. The country experienced the boom up to 1970s when
Bretton Woods’s monetary system collapsed meaning between
1950 and 1960 the country was thriving in the best economy
ever. This system had transformed the State’s economy in the
shortest time possible after the Second World War than in the
other countries. The boom was supported by oil, trade and stock
market stability. International trade at this period was a great
source of revenue for the county, for example export of
automobiles.
The gross domestic product of United States of America rated
around 4% since they economy was well run in a capitalistic
way. These increment rates were really appreciable since many
governments in other countries were struggling to cater for the
citizens and were not aware of the ways of improving the
economies. Productivity of citizens, exports and imports were
well balanced and they kept the GDP stable. As per the previous
statistical data, the GDP of United States of America is growing
at a rate of 0.8%, which portrays a serious decline for the first
10years since 1950(Zhong, 2010).
Unemployment rate in 1950s was 2.50%, which cannot be
considered worse as compared to today’s rate, which is 4.9
percent. Those rates portray how things are changing as time
goes by even though they’re other factors such as population
growth that cannot be held constant. The government has been
facing a lot of challenges in catering for the youths in the
country since it had to introduce some programs that were

2. meant to provide funds to the unemployed for them to sustain
their lives and those of their relatives. The inflation rate in
United States of America is unpredictable since it changes
annually even though it has really an high rate between 1950-
1960 with an average of 7 percent. The high inflation rate was
brought about by the simultaneous increase of the value of the
Dollar. The government tried to curb the situation by balancing
the stock market and fully implementing capitalism in the
country’s market (Gillon & Matson, 2013). Capitalism was one
of the strongest strategies that could aid the federal government
to deal with the inflation situation, which attracted many
research studies hence promoting criticism (Kozmetsky & Yue,
2005).
Interest rate fluctuation is a phenomenon that is affecting the
world since the value of Dollar has increases unpredictably.
Since 1950 the Dollar has been unpredictable because its value
has been rising and falling after some time (Musacchio &
Lazzarini, 2014). For some years the Dollar was ranging at a
value that was considerable stable since it didn’t affect many
economies in the world as it had because borrowing and bond
buying had really became a challenge. Fluctuation of interest
rates had really affected investment, borrowing, as bond yields
are concern and inflation too. Interest rates were changing by 1
percent since 1950s but after three years the rate had really
risen to a point, which was worrying many nations. From the
end of 1956, the rate has rose to about 3 percent which was
really disturbing since it can lead to increased inflation levels
and decline in investment level if a new strategy was not be
initiated to control it.
References
Gillon, S., & Matson, C. (2013). The American experiment: A
history of the United States. Boston: Wadsworth Cengage
Learning.
Kozmetsky, G., & Yue, P. (2005). The economic transformation
of the United States, 1950-2000: Focusing on the technological

3. revolution, the service sector expansion, and the cultural,
ideological, and demographic changes. West Lafayette, Ind:
Purdue Univ. Press.
Musacchio, F., & Lazzarini, S. (2014). Reinventing state
capitalism: Leviathan in business, Brazil and beyond.
Zhong, Y. (2010). The economic theory of developing countries'
rise: Explaining the myth of rapid economic growth in China.
Lanham u.a: Univ. Press of America.
4-1 Final Project Milestone Two: Fiscal Policies
For Milestone Two, you will research government fiscal
policies as they relate to the 10-year historical period that you
chose in Module One, and present the information in 3–5 new
slides for your presentation. Be sure to read the Milestone Two
Guidelines and Rubric to ensure you are covering the critical
elements of this assignment.
For additional details, please refer to the Milestone Two
Guidelines and Rubric document.
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