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American Dream Revisited: Affluence & Turbulence in 1950s America

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American Dream Revisited: Affluence & Turbulence in 1950s America

Image credit: Library of Congress. Article by Ching Yee Lin, BA (Hons) History. The Collector – August 21, 2024.

Following the devastating World War II, the 1950s was a decade of the American dream, growth, and widespread political and socio-economic change in the USA.

Often hailed as the Golden Age of American Capitalism, the 1950s was a decade of economic boom in the United States. It was characterized by minimal inflation, low unemployment rates, and high consumerism—a stark contrast from the unstable and turbulent war years prior. […]