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  • 16-02-2017
  • Social Studies
Answered

  1. Why did economist John Kenneth Galbraith believe that America's postwar economy was a new phenomenon?

Verified Answer :

Greenleafable
Greenleafable Greenleafable
  • 23-02-2017

He claimed that it was a new phenomenon because while all countries experienced an economy of scarcity due to the war, the US had an economy of abundance because it's GDP and production were surreal.

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