Not Completed - Chapter 36 - The Cold War Begins, 1945-1952 Flashcards
Gross National Product
slumped badly in 1946-47 after the war. It is the amount of goods being produced in one year, measures the nation’s economic health.
Taft-Hartley Act
passed in 1947 and was very unpopular with labor unions. It outlawed a union based labor force, made them take oath and made the pay for disputes among themselves. Helped stunt the growth of unions.
Closed Shop
An all union shop. It was ruled out in the taft-hartley act.
Council of Economic Advisors
part of the 1946 employment act, which was to provide info to the president regarding how to promote a better and more powerful economy.
GI Bill
passed in 1944 and it was passed due to the millions of military people coming home and needing jobs. So, the bill allowed them to go to school for free. It crowded all the schools. It also guaranteed home, farm, and business loans.
R and D
research and development that was funded by the military budget, which led to nature being a newfound source of wealth.
Productivity
output per hour of work. It was gaining and increasing due to the korean war, the world war, education levels, etc. in 1950
Benjamin Spock
wrote a book published in 1945 about how to properly raise a child. Since families were so mobile after the war, many grandparents weren’t around to help give tips to new parents.
Sunbelt
15 states that were spanned through texas, california, virginia and florida. Its population doubled throughout the 1950s. Had an abundance of jobs
Frostbelt
The northeast abandoned industrial cities that had major population decreases throughout the 1950s.
Rustbelt
northeastern states near the ohio river valley that contained industries and factories that people flocked away from.
Federal Housing Authority & Veterans Administration
both government organizations that made home loans easier and cheaper to get, which encouraged people to live in the suburbs rather than cities.
Levittown
towns that began in the 1940s which builders changed the home building technique. They had a system for building multiple, cheap houses at once.
White Flight
Many white american flocked to suburbs, which left poor black people in the cities. African americans quickly filled up white people’s vacated spaces, which made inner cities poor.
Baby Boom
large leap in the birthrate after 1945 due to veterans coming home from war and an overall prosperous time. Influenced society and economy for years after.
“The buck stops here.”
a phrase that was popularized by President Truman; The phrase refers to the fact that the President has to make the decisions and accept the ultimate responsibility for those decisions
Yalta
wartime meeting of the heads of government of the United States, the United Kingdom, and the Soviet Union—President Franklin D. Roosevelt, Prime Minister Winston Churchill, and General Secretary Joseph Stalin; for the purpose of discussing Europe’s post-war reorganization; intended to discuss the re-establishment of the nations of war-torn Europe
United Nations
an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace; founded to replace the League of Nations; to stop wars between countries, and to provide a platform for dialogue
Communism
a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
Capitalism
an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.
Sphere of Influence
a country or area in which another country has power to affect developments although it has no formal authority.
International Monetary Fund
The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of “189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the word.
World Bank
Consist of IBDR and IMF; international organization that continues to work to improve conditions in all nations.
Security Council
a principal organ of the UN and is in charge of maintaining security and peace.
General Assembly
The represantitive lawmaking branch of the government in North Carolina (Bicameral)
United Nations Educational, Scientific, and Cultural Organization
UN educational scientific and cultural organization, promotes education for all, cultural development, press freedom, protection of cultures, and cultural development
Food and Agricultural Organization
A United Nations agency that works on international efforts to defeat hunger by helping developing countries modernize and improve agriculture, forestry and fisheries practices.
