Consumer Society Flashcards
How many new homes were built?
13 million new homes
What was the average price of the new homes?
$8000
How does the price of new homes compare to the average American income?
Only 2 and ½x average
How many new cars were manufactured in 1955?
7.6 million new cars manufactured
When did motel chain Holiday Inn open?
1952
How many McDonald’s were there in 1960?
228 McDonald’s
How many TVs were sold in 1959?
60,000 TVs sold
What percentage of homes owned a TV in 1960?
90% of homes owned a TV
How many white-collar workers were there?
21.2 million white-collar workers
What was the proportion of industrial workers in the 1950s?
Dropped from 39% to 36%
What was the population in 1950?
151.7 million
What was the population in 1960?
180.7 million
What was the increase in wages compared to the cost of living?
Wages increased by 8.6% vs 2.8% to cost of living
How much more disposable income was there in 1960 compared to 1950?
30% more disposable income in 1960
What was the GNP in 1950?
$355.3 billion
What was the GNP in 1960?
$487.76 billion
Who built houses for young veterans?
Levitt Brothers
How many homes did Levitt Brothers build?
17,000 homes
How many residents were there?
80,000 residents
How many shopping centers were there?
7 shopping centers
