USA - Topic 2 Post War USA Recovery Flashcards
What was the fair deal
A program of economic development
How many US workers worked in the armed forces
16 million
What did employment fall to in 1944
670,000
What did USA’s GDP increase to
US$ 300 billion 
What were war bonds
Money given by civilians to the government which were cashed out and amounted to US$200 billion
What did military spending increased to after the war
US$40 billion
What was open trading
Trading system allowing trading with no Tariff restrictions
How much did Americans spend on consumer goods after war
100 billion US dollars
What did consumer credit increase by
800%
What percent of homes has a television set
90%
What is suburbanisation
When people move from City’s to Homes outside the City
What percent of black Americans lived in poverty
29%
