8.4: Economy After 1945

Question 1

ECONOMY

Answer 1

• war-time production + increased federal spending = increased productivity
• Servicemen’s Readjustment Act allowed veterans college and low-interest loans for houses and businesses

Question 2

SUBURBS

Answer 2

• 1945-1960: 50 million+ babies
• Baby Boom
• increased housing construction demand
• Suburbs
• migration of white middle class from cities
• Levittown = suburb with mass produced, cheap houses in NY
• some claimed suburb living = homogenous and monotonous
• Suburb living aided by connectivity of interstate highways

Question 3

MIGRATION

Answer 3

• migration to Sunbelt states
• Northern = sick of cold
• migrating for jobs in Defense sector
• South and West gained political power bc. more votes