What caused the economic growth of the 1920s? In what ways was this similar to the 1950s economic boom? The economic growth of the 1920s and the 1950s economic boom was caused by “new era” economics, a mindset where investors began to believe that market growth would continue for a long period of time due to cultural changes. To understand why these booms happened, you need to understand this mindset. Learn what caused the economic growth of the 1920s and 1950s and how new-era thinking contributed.
Economic Growth of the 1920s and 1950s: New-Era Thinking
