In terms of industry and employment in the United States, it can be said that American industry will likely never employ as many people as it did in the 1950s. American industry employs more people today that it did a few decades ago. in today's market, more people are employed in manufacturing jobs than service jobs. the manufacturing industry appears to be returning to employment gains seen during the Industrial Revolution.
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Step 1: In the 1950s, American industry employed a large portion of the population due to the post-World War II economic boom and the growth of manufacturing. Show more…
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