Why America Was A Superpower Yesterday?
Since history, nations rise and fall, with new powers replacing the old ones. This is because society becomes more complex with greater development and this steady growth of complexity usually will hit a point until it becomes a mounting burden to it, forcing growth to decline. Because of this, I believe America’s power today is fading. However, let us now look at history to know what drove it to power in the first place. Among decades of the 20th century, I deem the 1950s to be a decade that illustrated the pinnacle of American power. Back then, it won World War 2 with that generation settling down. This created a surge in demand for housing with the population also growing steadily. Because of this, consumption was high and this fueled America’s growth engines, ushering in an economic boom that pushed the US to glory. To add on, the first credit card was introduced in 1951. This allowed people to use debt and leverage money to buy what they wanted. Coupled with an increased number of
