Truman and Postwar Reconstruction (Old Deck) Flashcards
When was the democrats split between the New Deal Liberals and the Dixiecrats?
1948
By 1945 how was America the worlds strongest superpower?
42% of world income, 50% manufacturing output with only 7% world population
How many people were in the army in WW2?
12 Million
How long was Roosevelts presidency and what approval rating did he have?
12 years (1933-45), 70% approval rating
How much unemployment was there in 1940 and how did this change during the war?
1940 - 8million, war years - zero unemployment
What was the annual GDP growth during Roosevelt’s years which was the highest ever?
8.50%
When was the GI bill passed?
1944
By how much did automobile sales increase?
x4
In 1949 how many TV sets were sold in a month?
250000
How many Americans were middle class in the time of post war prosperity?
02-Mar
How much was Gross National Profit in 1940 and what did this increase to in 1960?
1940 - $200billion, 1960 - $500,000 billion
How much was income per capita increased in the time of post war prosperity?
Increased 40%
HOw much did industrial and agricultural output increase in the times of post war prosperity?
Industrial output- doubled, agricultural output increased by 1/3
How much were America’s loans to CHina and Britain worth?
Britain- $31 billion, China- $1.6 billion
HOw many countries met to establish the Bretton Woods system and when?
44 countries, 1944
How many soldiers were demobilised in 1945?
9million out of 12 million
By 1946 how much was the US army reduced to ?
1.5million
IN Trumans time what did unemployment never exceed?
5%