Blue collar workers build houses and work in factories after WWII; grocery prices rise with inflation in post-war Americ

The transcript discusses the potential for economic prosperity in a post-war era, emphasizing the importance of maintaining economic stability. It highlights Harry Truman's advocacy for price controls and warns against the dangers of shortsightedness, partisanship, and greed, which could undermine efforts to achieve economic stability and sacrifice opportunities for growth.

What economic system is being discussed in the context of Harry Truman's advocacy?

• Free enterprise economy

• Command economy

• Socialist economy

• Mixed economy

What does the nation have the potential to achieve in the post-war period?

• A time of political instability

• A phase of technological stagnation

• An era of unprecedented opportunity and prosperity

• A period of economic decline

What factors are mentioned as threats to economic stability?

• Innovation and creativity

• Shortsightedness and impatience

• Education and research

• Collaboration and unity

What could be sacrificed if negative traits triumph over efforts to maintain stability?

• Economic decline

• Grand opportunity

• Political power

• Technological advancement

Which of the following is NOT mentioned as a threat to economic stability?

• Greed

• Partisanship

• Impatience

• Innovation