Chapter 4 Flashcards
1
Q
What did Production increase to by 1950?
A
$284 billion
2
Q
Which 2 groups went on strike and Truman took control of them?
A
Coal miners & Railway workers
3
Q
What was the baby boom?
A
Increased population after WW2 due to returning soldiers coming home and having children.
4
Q
What did nappy sales increase to by 1957?
A
$50 million
5
Q
When was the national housing act?
A
1949
6
Q
What does OPA stand for?
A
Office of Price Administration
7
Q
Which company specialised in mass produced,pre-fabricated houses?
A
Levitt company
8
Q
How many transistor radios were there in USA by 1958?
A
45 million
9
Q
What is the money supply?
A
Amount of money in circulation - government can control the money supply by printing more.
10
Q
Approximately how many Americans were unemployed in 1969?
A
3 million
