The Superpower, 1945-1975 Flashcards
Impact of WWII and the Cold War on economic growth
Maximum war production (1945, responsible for 50% of world’s production)decreased unemployment rates
Technological and scientific advancements - Military Industrial Complex and 1951 Stanford Industrial Park
Defence establishments in South reduced divisions
GI Bill of Rights 1944
Offered grants to veterans for education, skills, businesses. Used by 8mn people who received $20 per week whilst looking for work. Less than 20% of money allocated was distributed as universities considerably expanded admissions of veterans. Offered lower interest on home loans in suburbs.
Fair Deal - Truman 1945
Major improvements in coverage and adequacy of unemployment compensation system
Substantial increases in minimum wage with broader coverage
Interstate Highways Act - Eisenhower 1956
Constructed 41,000 miles of roads
Allocated $26bn (90% of construction costs) > from increased gasoline tax
Designed for high speed driving, eliminate traffic congestion, mobility, efficient transportation
Levitt homes
Invented a house with 27 construction parts
Levitt built 2000 on a site in Long Island due to housing shortage
By 1951, original Levittown grown to 17,000 homes for 82,000 people
Maintained poor living conditions: 1947, 35% lacked running water, 40% flushed toilets (cities + South)
Home ownership: 1950=55%, 1960=62%
Baby boom
Suburbanisation due to 4mn born each year 1954-64
Produced 3/4 of world’s supplies
President Truman
1945-1953
Democrat
Committed to reform -extending New Deal
Full Employment Bill 1945
Congress watered down proposals
Increased dole, minimum wage, supported farm prices and implemented a public works programme
Declared employment to be a right and required the government to ensure jobs were available
Labour relations (T 1st term)
Post WWII prosperity > strikes for wage rises
Nov 1945 Special labour-management conference, ended without agreement
April - United Mine Workers strike
May - Railroads strike
Announced conscription of railway workers and wanted to introduce legislation to prevent strikes
1946 Midterms
Republicans made big gains, won control of both houses of Congress
Congress proposed Taft-Hartley Bill (harder for unions) - Truman vetoed but passed anyway
1948 Truman unsuccessfully tried to pass various New Deal type measures
1948 Election
Democratic Party split (Progressives)
Opinion polls showed substantial Republic win for Thomas Dewey
Truman promised extension of New Deal reforms
30,000 mile whistle stop tour
Criticised Republican Congress as ‘do nothing’
Truman won majority of over 2mn, regained control of Congress
Lost Southern vote with desegregation of armed forces - executive order
The Fair Deal 1949
Tried to introduce a range of welfare measures but Conservatives (R+D) blocked many proposals
Success - Raised minimum wage, extended Social Security Act and passed act to assist slum clearance and provide housing for the poor
Proposals - Federal aid for small farmers, education and reforms of tax system
President Dwight Eisenhower
1953-1961
Moderate Republican
Prominent military role with Russians respect
1950 Head of NATO
1952 Election
Democrats divided + McCarthyism
Eisenhower seen as an authentic war hero with national appeal
Nixon as running mate (Slush Fund Scandal)
1956 Election
Eisenhower easily re-elected
Considered dropping Nixon (knowledge of foreign affairs)