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  2. During the 1920s the American economy grew so rapidly that it became known as the 'boom'. Wealth increased and businesses became much bigger. What is an economic boom? An economic boom is when the wealth and prosperity of a country grows very quickly. Businesses make more profit and expand, and the standard of living rises.
    www.gcsehistory.com/faq/usaboom.html
    The 1920s was a period of vigorous economic growth in the United States. That decade marked the beginning of the modern era as we know it. A rapid rise in prosperity induced sweeping changes in technology, society, and the economy.
    www.thebalancemoney.com/roaring-twenties-4060…
    In the United States the fifteen-year economic expansion that began in 1982, now called "the long boom" by economists, is the greatest economic boom in history--and it is still going.
    www.hoover.org/research/ten-causes-reagan-boo…
     
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  4. List of economic expansions in the United States - Wikipedia

    DATESDURATION (MONT…ANNUAL EMPLOYME…ANNUAL GDP GRO…
    Oct 1945–Nov 194837+5.2%+1.5%
    Oct 1949–July 195345+4.4%+6.9%
    May 1954–Aug 195739+2.5%+4.0%
    April 1958–April 196024+3.6%+5.6%
    Feb 1961–Dec 1969106+3.3%+4.9%
    Nov 1970–Nov 197336+3.4%+5.1%
    Mar 1975–Jan 198058+3.6%+4.3%
    Jul 1980–Jul 198112+2.0%+4.4%
    See all 12 rows on en.wikipedia.org
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