Post War Prosperity Flashcards

1
Q

What was the GNP increase since 1941 and what was the per capita income at that time?

A

The GNP rose 35% since 1941 and the per capita income was $1450, which was double that of Great Britain.

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2
Q

How did peoples tastes change after the war

A

People had greater love for processed food, leading to a spike in processed food production

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3
Q

How many calories were people eating after the war

A

3000 calories/day

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4
Q

Was the South as prosperous as other regions during post-war prosperity?

A

No, the South was not as prosperous. 33% of US homes lacked running water and 40% lacked flushing toilets.

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5
Q

What did the GI Bill of Rights offer to veterans

A

The GI Bill of Rights offered grants to veterans to improve education, learn new skills, or set up a business.

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6
Q

What idustries had a growth of employment after WW2

A

Aircraft production and chemicals

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7
Q

What did the GI Bill of Rights offer to veterans?

A

The GI Bill of Rights offered grants to veterans to improve education, learn new skills, or set up a business.

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8
Q

How many veterans used the grants offered by the GI Bill of Rights?

A

8 million veterans used the grants offered by the GI Bill of Rights.

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9
Q

Why was less than 20% of the money set aside for veterans used?

A

Less than 20% of the money set aside for veterans was used due to the amount of jobs available for veterans at that time.

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10
Q

What expanded due to the GI Bill of Rights

A

Unis expanded as servicemen fees were paid by the government, the University of Syracuse trebeled it’s number of students

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11
Q

What was the impact of the growth of the car industry on mobility?

A

The growth of the car industry led to greater mobility and the development of suburbs.

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12
Q

How many new cars were sold in 1950?

A

6.7 million new cars were sold in 1950.

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13
Q

What was the increase in the number of two-car families between 1951-58?

A

The number of two car families doubled between 1951-58, there were more cars in LA than the whole of Asia

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14
Q

How many McDonald’s restaurants were there by 1960?

A

By 1960, there were 228 McDonald’s restaurants with annual sales of $37 million.

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15
Q

How many new family homes were built in 1950?

A

1.7 million new family homes were built in 1950.

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16
Q

What was the percentage increase in Americans owning their homes from 1945 to 1960?

A

The percentage increase in Americans owning their homes rose from 50% in 1945 to 60% by 1960.

17
Q

What was the percentage increase of people living in suburbs from 1920 to 1960?

A

The percentage increase of people living in suburbs grew from 17% in 1920 to 33% by 1960.

18
Q

What was the argument against suburbs in terms of variety?

A

There was a lack of variety and cinema and restaurant managers in urban entres complained of lack of business as people stayed home

19
Q

How did the “flight of the middle-class” affect inner-city areas?

A

The “flight of the middle-class” meant deteriorating conditions in inner-city areas as the middle-class would have paid taxes.

20
Q

What was the impact of shopping mall developments in suburbs?

A

The development of shopping malls in suburbs, with 4000 by the late 50’s, was a disaster for small businesses.

21
Q

How did advertising fuel the consumer boom?

A

The Consumer Boom was fueled by advertising, with the industry being worth over $6 billion in 1950.

22
Q

What was the demand for nappies and babies’ clothes during the Consumer Boom?

A

During the Consumer Boom, there was a high demand for nappies and babies’ clothes, with nappies becoming a $50 million industry by 1957.

23
Q

Why was there increased demand for baby products during the consumer boom

A

Because of the baby boom

24
Q

How many babies were born each year from 1954-1964?

A

There were approximately 4 million babies born each year from 1954-1964.

25
Q

How did the divorce rate and average age of females getting married change during the Consumer Boom?

A

During the Consumer Boom, the divorce rate fell to 9.6 per 1000 by 1953 and the average age of females getting married fell to 20.1 by 1956.

26
Q

What types of labor-saving devices and white goods were filling homes during the Consumer Boom?

A

During the Consumer Boom, homes were being filled with labor-saving devices such as fridges, washing machines, and telephones. In fact, by 1951, 90% of families had fridges and 75% had washing machines and telephones.

27
Q

How were most consumer good paid for in the consumer boom?

A

Most goods were paid for with credit, with the amount of debt increasing to $6.7 billion in 1945 to 56.1 billion in 1960