standard of living Flashcards

1
Q

car ownership 1917 vs 1929

A

1917 - 4 million cars registered

1929 - 27 million cars registered

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2
Q

consumer debt 1920-1922

A

1920 - $3 billion

1922 - $6 billion

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3
Q

Roosevelt Recession - date and unemployment

A

17% unemployed in 1938

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4
Q

unemployment 1944

A

1%

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5
Q

Kennedy Personal Income change

A

rose by 15%

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6
Q

Johnson economy?

A

trade deficit reached $4 billion by 1967

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7
Q

What did Johnson do as Vietnam drained finances

A

money supply increased from 17 to 37 million 1968

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8
Q

New York Long Island Levittown build in 1947 details

A

7 shopping centres, 9 swimming pools, 2 bowling alleys and 17000 homes

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9
Q

advertising 1950 vs 1960

A

$6 billion 1950

$12 billion 1960

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10
Q

home ownership 1920 vs 1940

A

1920 - 6 million

1940 - 15 million

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11
Q

labour saving devices 1950

A

over 50% of homes had washing machines, fridge and a toaster

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12
Q

government spending on healthcare

A

1917 - $3 million spent

1940 - over $40 million

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13
Q

children in school

A

1917 - 30% in school

1940 - 70% in school

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14
Q

leisure spending 1920s

A

1919- $2 billion

1929 - $4 billion

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15
Q

how many speakeasies in New York by 1929

A

30,000

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16
Q

when was Disneyland opened

A

1955

17
Q

Yankee Stadium

A

rebuilt in 1923 to hold 53,000

18
Q

WWII baseball

A

1943 The All American Girls Professional Baseball League

19
Q

sports attending

A

1954 14 million attended baseball park

35 million attended a major football game

20
Q

Uni of Michigan stadium

A

1929 rebuilt to hold 90,000

21
Q

when was the first Super Bowl

A

1967

22
Q

1960 car ownership

A

80%

23
Q

petrol industry boom 1960s

A

1976 made $22 million

24
Q

Drive In Movies

A

1954 took in 20% of the cinema box office

25
Q

when was the kelly act and what did it do

A

1925 - laid out national routes for mail delivery

26
Q

Western Air Express passengers

A

1926 - 267 passengers

1929 - 25,000 passengers

27
Q

what occured to air travel in the 70s

A

Deregulation Act 1979 ended control over airline ticketing prices, routes and mergers led to service cutting

28
Q

what Did Johnson Pass in his War on Poverty

A

Economic Opportunity Act - gave aid to poor families

29
Q

healthcare policy 1960s

A

1965 Congress established Medicare and Medicaid - federal health insurance for over 65s and essential medical services

30
Q

1968 production worker vs chief executive of the company wages

A

Production Worker - $6K a year

Chief Executive - $160K a year

31
Q

1960 average income white vs black

A

white income - $6,000

Black income - $3,000

32
Q

how much did Johnson put into his war on poverty

A

$960 million

33
Q

what did Nixon change economically in 1973

A

abandoned wage and price regulation - leading to prices rocketing and dollar devaluation

34
Q

cost of living 1973

A

rose by 8% a year

35
Q

what did Carter to do help the working poor

A

1979 Consumer Cooperative bank allowed low interest loans for local groups to start businesses and buy houses

36
Q

what did OPEC do in the 1970s

A

put up prices by 70%

37
Q

how many gas stations had petrol in 1979

A

50%