The Second World War and the Growth of the Consumer Society, 1941-60 Flashcards
What did the number of families with an annual income of $2,000 fall by?
50%
What did real wages for workers in many industries rise by?
50%
What did the share of national wealth owned by the top 5% fall to?
from 23.7% to 16.8%
Unemployment rate in the 1940s:
Remained under 4%
Personal income in 1945 than in 1933:
4 times higher in 1945 than in 1933
GI Bill of Rights:
Offered free vocational training and higher education and contributed to a rise in those with a college education
How many homes had a TV in 1950, 1955, 1960?
1950 - 9%
1955 - 65%
1960 - 85%
How many broadcasting stations were there in 1948 vs in 1954?
1948 - 16
1954 - 354
Between 1939 and 1948, what did household appliance sales increase by?
500%
How many live births were there in the 1950s? and what did the number of maintain at until 1965?
- 3 million
- Stayed around the 4 million mark
By 1959, how much did toy manufacturers make?
$1.6 billion
How were women targeted?
Labour-saving devices
What did a 1959 survey show about teenage consumption?
They spent $10 billion a year
How many teenage car owners were there in 1959?
1.5 million
How much was spent on lipstick by teenagers?
$20 million