Truman's influence on prosperity

Question 1

Impact of Truman’s congress

Answer 1

1946: republican congress voted in (55 seats) = truman obliged to cut taxes and curb gov intervention, led to alignment of economic boom

Question 2

economic boom plan effects

Answer 2

• would succeed for up to 23 years
• GNP increased 250%
• expenditures of new construction projects increased nine fold
• consumption commercial products increased by three times

Question 3

changes in social attitudes

Answer 3

Americans adopted an affluent attitude of spending money on things they desired or chose to have rather than necessities alone

Question 4

cause of changes in social attitudes

Answer 4

• Plausible that the economic boom was not induced by Trumans domestic efforts, but by the instalment of fear
• Bleak climate: atomic bomb scare, Korean War, communism expanding e.g. china
• People wanted to move to the suburbs, have children, have vacation homes, automobiles, consumer goods,, anything that may be rationed or in demand during a global war
• statistical growth is not a reflection of the social disposition of the time