The Second World War and the Growth of the Consumer Society, 1941-60 Flashcards

1
Q

What did the number of families with an annual income of $2,000 fall by?

A

50%

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2
Q

What did real wages for workers in many industries rise by?

A

50%

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3
Q

What did the share of national wealth owned by the top 5% fall to?

A

from 23.7% to 16.8%

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4
Q

Unemployment rate in the 1940s:

A

Remained under 4%

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5
Q

Personal income in 1945 than in 1933:

A

4 times higher in 1945 than in 1933

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6
Q

GI Bill of Rights:

A

Offered free vocational training and higher education and contributed to a rise in those with a college education

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7
Q

How many homes had a TV in 1950, 1955, 1960?

A

1950 - 9%
1955 - 65%
1960 - 85%

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8
Q

How many broadcasting stations were there in 1948 vs in 1954?

A

1948 - 16
1954 - 354

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9
Q

Between 1939 and 1948, what did household appliance sales increase by?

A

500%

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10
Q

How many live births were there in the 1950s? and what did the number of maintain at until 1965?

A
  • 3 million
  • Stayed around the 4 million mark
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11
Q

By 1959, how much did toy manufacturers make?

A

$1.6 billion

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12
Q

How were women targeted?

A

Labour-saving devices

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13
Q

What did a 1959 survey show about teenage consumption?

A

They spent $10 billion a year

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14
Q

How many teenage car owners were there in 1959?

A

1.5 million

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15
Q

How much was spent on lipstick by teenagers?

A

$20 million

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16
Q

How much was spent on records by teenagers?

A

$75 million

17
Q

How much more did teenagers eat out than parents?

A

20% more

18
Q

During the Truman presidency, what did social service coverage extended to?

A

A further one million Americans

19
Q

During the Truman presidency, what was the hourly minimum wage raised to?

A

45 cents to 75 cents

20
Q

Form 1945 to 1960, how many Americans lived in poverty?

A

Nearly 1/3

21
Q

How many were unemployed in the 1940s compared to before the Wall Street Crash?

A

10 million people still unemployed, compared to one million before the Crash