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Ford (America Company) comes out with the Deluxe business coupe.
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Beginning of post war. Right after WW2
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Post war economy begain; charecterized as rubus spending, low energy prices, and heavy Social and Military spending
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All money was going to military and had to be cut back.
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Surplus of 4.1 billion dollars. Affected businesses and major companies
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They hit 7 out of 10 American citizens, they were unemployed
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expanded Sociak Security and Unemployment benefits. Also he managed to cut taxes.
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Didnt know how to manage ecomony in that time. They went through four different Ressesions
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Industrial Production fell by 14% and coorporate profit bumpped up by 25%.
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Affecting many Americans and economy. No jobs and price increase. Too much social spending and dollar value went down.
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Economies peak was really high do to Korean and WW1 time periods.