USA boom and bust t4

Question 1

what are some points of economic transformation

Answer 1

1. post war prosperity
2. GI bill of rights
3. growth of motor industry and mobility
4. consumer society
5. suburbs

Question 2

what is post war prosperity

Answer 2

the US economy growing through the war leading to higher employment rates and migration

Question 3

what was global income in America

Answer 3

42%

Question 4

what did GNP rise by, by 1941

Answer 4

35%

Question 5

reasons against post- war prosperity

Answer 5

1. geographical variation, not all areas
2. many families lived in rented accommodation

Question 6

what percentage of houses lacked running water in 1947

Answer 6

33%

Question 7

what act outlined the GI bills of human rights

Answer 7

1944 selective servicemen’s readjustment act

Question 8

what did the GI bill of human rights provide

Answer 8

improve education, provide skills, set up businesses, university placements

Question 9

how many veterans took up the GI bill of human rights

Answer 9

8 million

Question 10

what were the three main car companies

Answer 10

ford
Chrysler
general motors

Question 11

how were cars afforded

Answer 11

on credit

Question 12

growth of motor industries also led to the growth of…

Answer 12

infrastructure
-gas stations -motels -road building

Question 13

what did the sales of the motor industry lead to

Answer 13

rose from 69,500 in 1945 to 6.7 million in 1950

Question 14

what family type grew in popularity

Answer 14

the nuclear family

Question 15

how did americans afford mortgages

Answer 15

government sponsored federal housing administrators

Question 16

what did suburbs lead to the growth of

Answer 16

the shopping mall

Question 17

what percentage of Americans owned houses

Answer 17

went from 50% in the mid 40’s to 60% by 1960

Question 18

criticisms of suburbs

Answer 18

1. lacked variety
2. inner cities were left for the poor

Question 19

what did the baby boom cause

Answer 19

growth of production and need for nappies and baby clothes

Question 20

what was a growth of consumerism caused by

Answer 20

incessant advertising

Question 21

what examples are there of leisure saving activities

Answer 21

washing machines, vacuums etc.

Question 22

how did consumerism lead to more leisure time

Answer 22

growth of labour saving activities lead to more time to watch/ use televisions

Question 23

statistic on the baby boom

Answer 23

4 million babies born every year from 1954-1964

Question 24

what did the baby boom suggest about people in society

Answer 24

they felt socially and financially secure enough to have children