question archive What were 2 economic policies that were in place in the U

What were 2 economic policies that were in place in the U

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What were 2 economic policies that were in place in the U.S. at the beginning of 1950?

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The two economic policies that were adopted by the U.S. at the beginning of the year 1950 are as follows:

  • The economic policy during the 1950s focused on increasing consumer spending by reducing the interest rates on housing loans and other types of borrowings. This also led to the spread of consumerism across the U.S.
  • The economic policy aimed at a balanced federal budget during the 1950s. By the end of the 1950s, the federal budget was in deficit, but with the start of the 1960s, it was again in surplus.