In general economic terms, the 1950s was a comparatively stale and uneventful era, which helps to explain why the domestic economy did not experience any major difficulties or advances. There was some significant occurrences and trends that were important during the 1950s that were important then and as a contributor for future events. Even though the 1950s saw an uneventful era, the economy did see some gradual growth which led to the United States being at peak economic strength in the early 1960s (“1950s Economics,” n.d.). The impact of the 1950s monetary policy allowed the decade to be relatively stable and an uneventful era. The domestic economy did not experience any noteworthy advances or significant difficulties during this