all cards Flashcards

1
Q

How many transistor radios were there by 1958

A

45 million

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2
Q

What did the USA lose its place in the 1960s

A

As the world’s most important exporter

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3
Q

What was the gold crisis in the 1960s

A

falling gold reserve

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4
Q

What was the stagflation of the 1970s

A

businesses stopped expanding and wages stopped rising

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5
Q

What caused the stagflation of the 1970s

A
  • shift in position of the USA in the world economy
  • other countries such as Japan took over the USA in technological development
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6
Q

USA’s share of manufactured goods

A

1953- 19%
1973- 13%

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7
Q

Teenage consumption in the 1950s

A

1959 survey showed that teenagers spent $10 billion a year

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8
Q

1959 how many teenagers owned cars

A

1.5 million teenagers owned cars in 1959

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9
Q

Home ownership in the 60s

A

1960- 62%
1940- 43%

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10
Q

1960s living standards

A

93% had running water

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11
Q

1949 wealth inequality

A

Richest 1% controlled 20.8% of the country’s wealth

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12
Q

Americans living below the poverty line 1966

A

12% of white Americans
41% of non-whites

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13
Q

Hispanic ghetto

A

South Bronx in NY

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14
Q

What did Nixon emphasise

A

‘workfare’ not ‘welfare’
- Earned Income Tax Credit gave working poor with children $400 a year

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15
Q

Nixon cutting welfare benefits while seeming not to

A

1970 Family Assistance Plan

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16
Q

Carter administration trying to help both working and non-working poor

A

1978 National Cooperative Bank set up to give low interest loans to co-operative organisations largely in urban areas

17
Q

What created the 40 hour work week

A

1938 Fair Labour Standards Act

18
Q

Homelessness increasing in the 1930s

A

‘Hoovervilles’

19
Q

Stadium being rebuilt reflecting growing popularity of sports

A

NY Yankees Stadium rebuilt in 1923 to hold 53,000 people

20
Q

While men away at war Baseball

A

Girls Professional Baseball League played from 1943-1954
- grew audience of about 1,600 per game

21
Q

White collar workers in 1960

A

White Collar- 35 million
Blue Collar - 32 million

22
Q

1980s computer

A

Technology for home computer and internet connection had developed
- but only middle-class families could afford them

23
Q

Major baseball league attendance

A

1970s - 330 millions
(increase due to the efforts of sponsors)

24
Q

Car allowing the development of shopping malls

A

Between 1960-80, 30,000 malls were built

25
Q

Car ownership harming poor people

A

non-car transport infrastructure shrank but Greyhound buses carried millions every year

26
Q

Fed gov regulation planes

A

Federal Aviation Administration 1958- run traffic control systems

27
Q

First Boeing 747

A

1969- could carry 450 passengers