Post War Prosperity Flashcards
What was the GNP increase since 1941 and what was the per capita income at that time?
The GNP rose 35% since 1941 and the per capita income was $1450, which was double that of Great Britain.
How did peoples tastes change after the war
People had greater love for processed food, leading to a spike in processed food production
How many calories were people eating after the war
3000 calories/day
Was the South as prosperous as other regions during post-war prosperity?
No, the South was not as prosperous. 33% of US homes lacked running water and 40% lacked flushing toilets.
What did the GI Bill of Rights offer to veterans
The GI Bill of Rights offered grants to veterans to improve education, learn new skills, or set up a business.
What idustries had a growth of employment after WW2
Aircraft production and chemicals
What did the GI Bill of Rights offer to veterans?
The GI Bill of Rights offered grants to veterans to improve education, learn new skills, or set up a business.
How many veterans used the grants offered by the GI Bill of Rights?
8 million veterans used the grants offered by the GI Bill of Rights.
Why was less than 20% of the money set aside for veterans used?
Less than 20% of the money set aside for veterans was used due to the amount of jobs available for veterans at that time.
What expanded due to the GI Bill of Rights
Unis expanded as servicemen fees were paid by the government, the University of Syracuse trebeled it’s number of students
What was the impact of the growth of the car industry on mobility?
The growth of the car industry led to greater mobility and the development of suburbs.
How many new cars were sold in 1950?
6.7 million new cars were sold in 1950.
What was the increase in the number of two-car families between 1951-58?
The number of two car families doubled between 1951-58, there were more cars in LA than the whole of Asia
How many McDonald’s restaurants were there by 1960?
By 1960, there were 228 McDonald’s restaurants with annual sales of $37 million.
How many new family homes were built in 1950?
1.7 million new family homes were built in 1950.