Cold War Sec 2 Industrialized Democracies Flashcards
What was the world’s strongest currency
The dollar
As America prospered what did American businesses do
Expanded worldwide
What did the foreigners flocked to buy during this time
US stocks and bonds
The league of Nations headquarters is located in what neutral country
Switzerland
The United Nations headquarters was located to where
New York City
The World Bank and IMF headquarters were in
DC
What was the result of the postwar economic boom
People had extra spending cash
What is the movement from cities to suburbs known as
Suburbanization
What movements of equality were going on at this time
Women’s rights movements and movements for the African Americans
Under whose leadership was West Germany transformed and flourish
Konrad Adenauer
A country with a market economy but with increased government responsibility for the social and economic needs of its people is known as
The welfare state
What are the positives of the welfare state
Middle-class And poor class benefited National healthcare unemployment insurance old age pensions
What was the down side of the welfare state
Higher taxes
What happens to Japan during this time
It is transformed and is considered an economic miracle
