Quote Originally Posted by RinconRyder View Post
Things changed because the rest of the world recovered from the devastation of WWII. Among first world countries the USA was the only significant one with virtually no battle damage and its industries were in high gear as a result of producing war materiel for the previous six years. In addition, there was tremendous pent up demand from the US population for cars, houses and other material things that could not be bought during the war years - and civilians had money to pay for these things because of the mandatory wage and price controls during the war.

But during these same 1950's and 60's not everything was Made in America. If you wanted precision camera equipment it came from Germany. England produced quality musical instruments. Japan began with cheap toys, much as China is today, but quickly became the world leader in automobiles and took motorcycle manufacturing away from the Brits.
I never really thought about it that way, but it makes sense.