After World War II, economic stabilization was predicted by experts as the US emerged as a superpower, leading to a postwar economic boom fueled by consumerism.
Economic stabilization was predicted by many experts in the years following World War II as the United States emerged as a superpower with a strong economy and military. The US took a leading role in creating the post-World War II international order to maintain peace and prosperity. The postwar boom in the US led to consumerism becoming a key economic strategy.