Explain the growth of the American economy in 1950’s

 The 1950s has been portrayed as an economic boom time for the United States, with housing, automobile ownership, the private sector, and government all expanding. Explain the growth of the American economy and determine how the American economy influenced Europe’s economy starting in the 1950s and afterwards. Why was the American economy successful? In what ways did Europe benefit from the American economy? Your paper should be 2-3 pages in length (excluding cover page and references) and formatted according to theCSU-Global Guide to Writing & APA (Links to an external site.)Links to an external site.. Be sure to discuss and reference concepts taken from the assigned textbook reading and relevant research. You must include a minimum of three resources: One primary resource (textbook or required reading), and Two secondary resources (credible, academic, or professional references beyond the text or required course readings).