quality:correction, information:highlighting, structural:summarization
Golden age of welfare state

Against a backdrop of extremely high inflation caused by the Second World War, and a very high level of capital destroyed by bombing, governments had no choice but to intervene on a massive scale to repair the damage done by the war, by making massive investments in the population as a whole. The result was the "Fordist compromise", a high level of consumption spending, mass school enrolment and an easing of economic activity due to the collapse of a rent-based economy through inflation and bombing. These various phenomena triggered exceptional economic growth in the developed countries during the Thirty Glorious Years. Thus economic growth was driven by equality.