Post–World War II economic expansion  

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Train wreck at Montparnasse (October 22, 1895) by Studio Lévy and Sons.
Train wreck at Montparnasse (October 22, 1895) by Studio Lévy and Sons.

The post–World War II economic expansion, also known as the postwar economic boom, the long boom, was a period of strong economic growth beginning after World War II and ending with the 1973–75 recession. The United States, Soviet Union, Western European and East Asian countries in particular experienced unusually high and sustained growth, together with full employment. Contrary to early predictions, this high growth also included many countries that had been devastated by the war, such as Japan (Japanese post-war economic miracle), West Germany and Austria (Wirtschaftswunder), France (Trente Glorieuses), Italy (Italian economic miracle), Greece (Greek economic miracle), Taiwan (Taiwan Miracle) and South Korea (Miracle of the Han River).

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Unless indicated otherwise, the text in this article is either based on Wikipedia article "Post–World War II economic expansion" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on original research by Jahsonic and friends. See Art and Popular Culture's copyright notice.

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