Truman: Domestic Policies Flashcards

1
Q

Who owned USA war loans? How much?

A

U.K. - 31billion
China- 1.6billion
France- 3.2 billion

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2
Q

Bretton woods system?

A

1944
Established the International Monetary Fund and world bank;
To provide financial aid

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3
Q

How was the army demobilised?

A

1945: 9 million demobilised
1946: 1.5 million

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4
Q

What was the effect of men returning? The consumer…

A

25% inflation rise

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5
Q

How much was invested in the gi bill?

A

20billlion

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6
Q

When was the baby boom?

A

1945-50

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7
Q

How did car sales change?

A

1946-1955

2.1m - 7.9million

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8
Q

How much war bonds matured?

A

185billion matured

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9
Q

How did output change from 1939-1952

A

Rose by 90%

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10
Q

How did business investment change?

A

14-38billion

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11
Q

Issues with the domestic changes?

A

Baby boom - housing/school/healthcare

Unemployment rose by 5% by 1950 - mainly minorities

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12
Q

Fair deal?

A

1945, 21 point step programme

Federal educational aid
Abolition of poll taxes
Anti lynching laws
Establishment of new dep. of welfare
Increase minimum wage from 40-75 cents an hour
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13
Q

How many were emplyed by 1953?

A

62 million were employed by 1953- an 11million increase

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14
Q

How many veterans got the gi bill?

A

7.8million

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15
Q

How did poverty change?

A

33-28% from 1949-1953

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16
Q

1952 approval rating? Why?

A

22%

Korean War

17
Q

McCarthyism?

A

1950 senator j McCarthy

Claimed to have a list of 205 communist members

18
Q

Who died because of McCarthyism?

A

1953 Alger hiss and the rosenburgs were executed

19
Q

Trumans attempt to deny communists passports…

A

1952 internal security act

20
Q

Effects of the Korean War?

A

138k soldiers dead

14% of go spent on Korea

21
Q

How much did inflation rise by? And when?

A

25% increase from 1945-46

22
Q

How much did minimum wage rise by?

A

40-70 cents an hour

23
Q

How many Americans were in poverty?

A

33-28% from 1949-1952