1950's Flashcards
the large increase in the number of babies born in proportion to the size of the population that took place after World War II and lasted until 1964
Baby Boom
a person who works in a factory or at a skilled trade, usually for an hourly wage
Blue-Collar Worker
a measure of the differences in the price of goods and services over time
Cost-of-Living Index
President Harry S. Truman’s domestic program, which he began promoting in 1945 with such intentions as increasing the minimum wage, increasing aid to agriculture and education, and enacting a national heath insurance program, only some of which Congress approved
Fair Deal
an increase in the supply of money or credit relative to the availability of goods and services, resulting in generally higher prices
Inflation
authorized by Congress in 1956, a network of highways that connect major cities around the country; all highways are built under the same guidelines so that each has at least two lanes in each direction, periodic rest areas for travelers, and no traffic lights or railroad crossings
Interstate Highway System
the first planned community in the nation, built between 1947 and 1951 in Long Island, New York, to relieve the housing shortage of the Great Depression and World War II years
Levittown
the state of being impoverished and dependent on public assistance for survival
Pauperism
a method of encouraging the purchase of products in which businesses try to make what a consumer buys today seem obsolete, or out-of-date, after a fixed period of time
Planned Obsolescence
the minimum amount of income one needs to meet basic needs
Poverty Line
income measured by the number of goods and services it will buy, adjusted for inflation
Real Income
a possession that serves as a sign of wealth and prestige
Status Symbol
the “belt” of warm-weather states that stretches across the southern third of the United States, from Florida to California
Sunbelt
a law passed by Congress, though President Harry S. Truman vetoed it, in 1947 to limit the power of unions
Taft-Hartley Act
a person who works in an office-based profession that does not involve manual labor and that requires a certain amount of formal dress, usually for a set salary
White-Collar Worker