Truman: post-war reconstruction: the economy Flashcards by beth williams | Brainscape

Q

GNP 1940 vs 1950

A

$300,000M

$500,000M+

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

impact of automobile industry

A

umber of automobiles produced annually quadrupled between 1946 and 1955

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

impact of new conglomerates

A

wave of mergers grew economy
International Telephone and Telegraph bought: Sheraton Hotels, Continental Baking, Hartford Fire Insurance, and Avis Rent-a-Car, among other companies
Large corporations also developed holdings overseas, where labor costs were often lower

How well did you know this?

1

Not at all

2

3

4

5

Perfectly