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Question
how was the economy affected by corporate expansion in the 1950s? a. it improved with more information technology jobs. b. it struggled as strikes interrupted production. c. it boomed as the middle class grew. d. it declined as regulation increased.
In the 1950s, U.S. corporate expansion drove a post-WWII economic boom. Large corporations expanded production of consumer goods, and this growth, paired with rising wages, fueled the growth of the middle class. The middle class's increased spending further stimulated economic growth. Information technology jobs were not a major factor in this decade, strikes were not widespread enough to cripple production, and regulation did not cause economic decline in this period.
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C. It boomed as the middle class grew.